Business Studies, asked by shadmaashadma4677, 1 year ago

The cost that firm incurs in hiring or purchasing any factor of production is referred to as ___________.(a) Explicit cost(b) Implicit cost(c) Variable cost(d) Fixed cost

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Answered by Anonymous
3
d) fixed cost....
It is argued that enables organizations to be more efficient, effective and capable of change than a functionally focused, traditional hierarchical management approach.
Answered by Anonymous
1
Hlo...

✔️HERE IS UR ANSWER....

✴️D) Fixed cost.

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