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 fixed cost
a fixed cost

a variable cost
a variable cost

marginal cost
marginal cost

marginal revenue

Answer 1

a fixed cost