50. Electricity charges, sales tax etc. are examples of _ cost.
Fixed,
variable
Private,
social
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Electricity charges, sales tax, etc. are example of Fixed cost
Explanation:
- A Fixed Charge is any sort of fee that recurs on an ordinary basis, no matter the quantity of business.
- Fixed charges specially encompass loans (essential and interest) and rent payments, however the definition of "fixed charges" may also develop out to encompass insurance, utilities, and taxes for the functions of drawing up mortgage covenants through lenders.
- So such Fixed Charges include Electricity Charges, Sales tax, etc.
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