the cost on the fixed factors of production change with the changes of output
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Explanation:
Fixed factors are those that do not change as output is increased or decreased, and typically include premises such as its offices and factories, and capital equipment such as machinery and computer systems.Wage costs. ... A rise in the cost of raw materials, e.g. oil, plastic, and metal – will increase the cost of firms. Nearly all firms will be affected by higher oil prices – which increase the cost of transport.
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Answer:
false
Explanation:
it doesn't change
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