Economics 0455 · IGCSE · Firms’ costs, revenue and objectives

Firms’ costs, revenue and objectives — practice question

The table below lists several costs involved in operating a retail shop over one week. rent of shop: $200$ insurance premium: $40$ purchase of stock: $700$ delivery of goods: $50$ What is the total of the fixed costs for this week?

  • A$200$
  • B$240$
  • C$700$
  • D$750$

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