Jodi Recently Went into Business Producing Widgets

question 84

Multiple Choice

Jodi recently went into business producing widgets.Which of the following would be a fixed cost for her firm? 1.labour costs of $1000 per month
2.raw material costs of $5000 per month
3.a one-year lease on a building of $12 000

• A)1 only
• B)2 only
• C)3 only
• D)1 and 2
• E)2 and 3

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Definitions:

Room Temperature

A term used to describe the range of air temperatures that most people consider comfortable, typically around 20-22 degrees Celsius (68-72 degrees Fahrenheit).

Microscopic Changes

Alterations in tissues or cells that can only be observed under a microscope, often indicative of disease or the effect of treatment on the body.

Drug And Alcohol Testing

Procedures to detect the presence of drugs, alcohol, or their metabolites in the body, commonly used by employers to ensure workplace safety.

Urine Specimen

A sample of urine collected for the purpose of medical examination and analysis.