Brandy paid rent on a small office space to store and manufacture her arrangements. Rent and utilities were $500/month. These are her _____________________.
a. Variable costs
b. Fixed costs
c. Economies of scale
d. Breakeven
Answer: b. Fixed costs
Brandy paid rent on a small office space to store and manufacture her arrangements. Rent and utilities were $500/month. These are her _____________________.
a. Variable costs
b. Fixed costs
c. Economies of scale
d. Breakeven
Answer: b. Fixed costs