Jodi Recently Went into Business Producing Widgets

question 78

Multiple Choice

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

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

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Definitions:

Constructive Play

Play that involves manipulating materials to build or create something, often fostering learning and development.

Parallel Play

A developmental stage in early childhood where children play alongside each other without interacting directly.

Functional Play

A type of play in young children characterized by activities that involve repetitive motions and serve to practice and master physical and cognitive skills.

Associative Play

A stage of play in child development where children play together but do not organize their play towards a common goal; it typically occurs between the ages of three and four.