Which of the following is an example of a variable cost to a typical firm?

a. labor
b. mortgage payment on facility
c. salary of the office assistant
d. monthly mortgage premiums

a

Economics

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Outputs include goods but not services

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

Economics

Derivatives are securities that derive their values from the values of underlying investments

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

Economics