To improve productivity, a local bakery rents a machine that mixes, partitions, and then bakes dough for a variety of pastries. The machine costs the business $2,500 per month to rent and operate, regardless of output. The cost of renting the machine is classified as _____.(1 point)

Question

Responses

a marginal cost

b a fixed cost

c marginal revenue
d a variable cost

Answer 1

b a fixed cost