Classify each of the following as fixed or variable costs and give a brief explanation for your classification. If you think the costs could be partially fixed and partially variable, give your reasoning. Outsourced payroll services. Leased offices. Company-owned building. Payroll taxes.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter8: Production And Costs
Section8.4: Costs Of Production: Total, Average, Marginal
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Classify each of the following as fixed or variable costs and give a brief explanation for your classification. If you think the costs could be partially fixed and partially variable, give your reasoning. Outsourced payroll services. Leased offices. Company-owned building. Payroll taxes.

 

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