Multiple Choice
Oscar has negotiated a lease for his sporting goods store in which he is required to pay $2,500 per month in rent.Oscar pays his staff $9 per hour to sell sporting goods and his monthly electricity bill averages $700, depending on his total hours of operation.Oscar's fixed costs of production equal:
A) $2,500 per month.
B) $3,200 per month.
C) $9 per hour multiplied by total hours of work plus $700.
D) $9 per hour multiplied by total hours of work plus $3,200.
Correct Answer:

Verified
Correct Answer:
Verified
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