Which of the Follow Is Not an Assumption When Estimating

question 75

Multiple Choice

Which of the follow is not an assumption when estimating a cost function over the relevant range of activity?

• A) Mixed costs will change in total
• B) Variable cost per unit will be constant
• C) Variable costs will be constant in total
• D) Fixed costs will be constant in total.

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Definitions:

Conscious Experience

The range of experiences that one is aware of, including thoughts, feelings, perceptions, sensations, and the surrounding environment at any given moment.

Physiological Arousal

Physiological arousal involves the activation of the body's autonomic nervous system, leading to physical changes such as increased heart rate, blood pressure, or adrenaline in response to stimuli.

Stanley Schachter

An American psychologist best known for his development of the two-factor theory of emotion, which considers both physiological arousal and cognitive interpretation.

General Bodily Arousal

A state of physiological alertness and readiness in the body, often in response to stimuli or stressors, involving various physiological systems.