Q. Which of the following is not a fixed cost?
Answer: Wages paid to workers
Notes: In economics, fixed costs are business expenses. It does not depend on the level of goods or services produced by the business. They are related to time, such as salary or rent paid per month, and are often referred to as overhead costs. For some employees, salaries are paid at monthly rates. This is a fixed cost. On the other hand, the hours of hourly workers paid in wages can often vary, so this type of labor cost is a variable cost.