Sam's Surf Shop Has Total Costs of $2,000 When It

question 63

Multiple Choice

Sam's surf shop has total costs of $2,000 when it is not producing any surfboards.This means that

• A)Variable costs are $2000.
• B)Fixed costs are $2,000.
• C)The shop is very inefficient in its production.

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Definitions:

Adult Levels

Stages or standards of physical, emotional, or intellectual development typically associated with adult maturity.

Months

Units of time in calendars that approximate the period of the lunar cycle, usually used as a measurement of the duration of events or periods of life.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, where an association is made between a behavior and a consequence for that behavior.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.