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:

Demand Deposits

Accounts held in banks that can be withdrawn at any time without any advance notice to the financial institution.

Debit Card

A payment card that deducts money directly from a consumer's checking account to pay for a purchase, rather than using a credit line.

Store Of Value

An item that people can use to transfer purchasing power from the present to the future.

Store Of Value

An asset that can be saved, retrieved, and exchanged in the future without depreciating in value.