The fixed costs of a convenience store would NOT include

Payments for stocks of fruit and vegetables

The revenue a firm earns in a period depends on...

Selling price and quantity sold

Quiz

Louise Crooks 3 questions

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1The fixed costs of a convenience store would NOT include
1. ACouncil tax on the store
2. BPayments for stocks of fruit and vegetables
3. CLighting and heating costs
4. DWages of the shop staff
2Property items rent and rates are typically considered to be fixed costs. True or False?
1. ATrue
2. BFalse
3The revenue a firm earns in a period depends on...
1. AQuantity sold only
2. BSelling price and cost
3. CSelling price and quantity sold
4. DSelling price only