Which of the Following Is a Fixed Cost

question 21

Multiple Choice

Which of the following is a fixed cost?

• A)A cost that is $28.00 per unit when production is 70,000,and $28.00 per unit when production is 112,000.
• B)A cost that is $28.00 per unit when production is 70,000,and $17.50 per unit when production is 112,000.
• C)A cost that is $28.00 per unit when production is 70,000,and $56.00 per unit when production is 112,000.
• D)A cost that is $56.00 per unit when production is 70,000,and $56.00 per unit when production is 112,000.

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Definitions:

Industrialized Agriculture

An approach to farming that relies on heavy machinery, chemical inputs, and large-scale monoculture practices to increase productivity and output.

Developed Countries

Nations that have a high level of industrialization, a high standard of living, and a high Human Development Index (HDI), marked by well-developed infrastructure, healthcare, and education systems.

Domesticated Animal Species

Animal species that have been selectively bred and genetically adapted over generations to live closely with humans, often for work, food, or as pets.

Animal Products

Goods derived from the bodies of animals, including meat, dairy, wool, and leather.