Why is the cost of the lecture note-taker a fixed cost


Problem

If your college or university pays lecture note-takers $20 per hour to take notes in your economics class and then sells subscriptions for $15 per student, is the cost of the lecture note-taker a fixed or variable cost of selling an additional subscription?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Why is the cost of the lecture note-taker a fixed cost
Reference No:- TGS02123424

Expected delivery within 24 Hours