The Scientist Credited with Discovering That Electric Currents Produce Magnetic

question 8

Multiple Choice

The scientist credited with discovering that electric currents produce magnetic fields was

• A) Oersted.
• B) Ampere.
• C) Coulomb.
• D) Tesla.
• E) Faraday.

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Definitions:

Variable Costs

Expenses that vary in relation to the amount of products or services a company generates.

Short Run

A period in which at least one input is fixed and cannot be changed by the firm.

Variable Costing

A cost accounting method that includes only variable costs—costs that change with production levels—in product cost calculations.

Manufacturing Margin

The difference between the cost of manufacturing goods and the sale price, indicating the profitability of production activities.