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1.4.4 Costs of production

Why is rent a fixed cost in the short run?

A

It is paid only when output rises.

B

It is paid only when profit is earned.

C

It is paid according to units sold.

D

It is paid regardless of output.

1.4.4 Costs of production Flashcards

  1. A Level
  2. /Economics
  3. /1.4.4 Costs of production

Flashcards for AQA A Level Economics 1.4.4 Costs of production, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 22 cards, matched to the AQA A Level Economics (7136) specification.