Which of the Following Is a Good Example of Variable

question 17

Multiple Choice

Which of the following is a good example of variable costs?

• A)Cost of building a factory
• B)Land cost
• C)Cost of heavy machinery
• D)Wage payments for workers
• E)Capital costs

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Definitions:

Bakke Case

A landmark Supreme Court case formally known as Regents of the University of California v. Bakke, dealing with affirmative action and race quotas in university admissions.

Quotas

Fixed shares or numbers of items or people, designated as a minimum or maximum, often used in importing and exporting goods, university admissions, or workplace diversity initiatives.

Affirmative Action

Policies and measures designed to increase opportunities for underrepresented groups by considering factors like race and gender in areas such as education and employment.

Separate Admissions Standards

Different criteria or requirements used to evaluate and admit students into educational institutions, often based on demographic or associative characteristics.