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    Business
  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 13: Production and Cost
  5. Question
    Because the Amount of Labour a Firm Employs Can Be
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Because the Amount of Labour a Firm Employs Can Be

Question 62

Question 62

Multiple Choice

Because the amount of labour a firm employs can be changed, the cost of labour is known as


A) minimum cost.
B) an unavoidable cost.
C) fixed cost.
D) variable cost.
E) maximum cost.

Correct Answer:

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