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Identify type of cost for payment for office stationary case

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Reference no: EM132469146

Question 1. Identify the type of costs on each case:-

1. payment for the office stationary

2. interest cost of owner's capital

3. machinery bought for 2million Frs in 2006 while its current market price is 15Million frs

4. the salary of administrative personnel

Question 2. Examine the factors which explain why the average cost of producing a commodity declines with an expansion in the scale of production

Reference no: EM132469146

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