Which of the following is most likely to be a fixed cost?

A. Shipping charges.
B. Property insurance premiums.
C. Wages for unskilled labor.
D. Expenditures for raw materials.

Answer: B

Economics

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The Solow model emphasizes the role of which of the following factors of production?

A) land B) labor C) capital D) natural resources

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Payroll taxes are actually regressive taxes

a. True b. False Indicate whether the statement is true or false

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