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Reference no: EM132511598

Max Shreck, an accountant, quit his $80,000-a-year job and bought an existing tattoo parlor from its previous owner, Sylvia Sidney. The lease has five years remaining and requires a monthly payment of $4,000. The lease

A) is a fixed cost of operating the tattoo parlor.

B) is a variable cost of operating the tattoo parlor.

C) is an implicit cost of operating the tattoo parlor.

D) is part of the marginal cost of operating the tattoo parlor.

Reference no: EM132511598

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