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Which of the following is regarded as fixed cost?

Which of the following is regarded as fixed cost?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Expenditure on raw materials
  • B Expenditure on fuel
  • C Expenditure on power
  • D Rent on land
Correct Answer: Option D
Explanation:

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