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Thursday, 02 April 2026
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Which of the following is a fixed cost for a business?

Which of the following is a fixed cost for a business?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Raw materials
  • B Wages
  • C Rent
  • D Utilities
  • E Shipping costs
Correct Answer: Option C
Explanation:
Rent is a fixed cost, as it does not change with the level of production.

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