In the Long Run,which of the Following Is Likely to Be

question 15

Multiple Choice

In the long run,which of the following is likely to be a variable cost?

• A)Factory rental but not wage costs.
• B)Wage costs but not costs for equipment.
• C)Interest payments on borrowed funds but not utilities.
• D)Rent,wages,and all other costs are variable in the long run.

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Definitions:

Strategic Marketing Process

A systematic approach to planning, executing, and monitoring marketing strategies to achieve business goals and satisfy consumer needs.

Marketing Resources

Assets utilized by a company to effectively market its products or services, including human resources, technology, and financial investments.

BCG Growth-Share Matrix

A strategic business tool used to evaluate a company's product portfolio decisions, involving categorization into four quadrants.

SWOT Analysis

SWOT Analysis is a strategic planning tool used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats.