Examlex

Solved

Which of the Following Statements Describes How Step Costs Relate

question 46

Short Answer

Which of the following statements describes how step costs relate to fixed and variable costs? a. A step cost behaves more like a variable cost as the step size decreases.
B) A step cost behaves more like a fixed cost as the step size decreases.
C) A step cost behaves like a variable cost, but not like a fixed cost.
D) A step cost behaves like a fixed cost, but not like a variable cost.


Definitions:

Carbohydrate

A class of organic compounds consisting of carbon, hydrogen, and oxygen, primarily used by the body for energy and structural purposes.

Lipid

Lipids are a broad group of naturally occurring molecules that include fats, oils, waxes, and certain vitamins, characterized by their insolubility in water but solubility in organic solvents.

Nucleic Acid

Macromolecules, such as DNA or RNA, composed of nucleotides that carry genetic information or are involved in controlling cellular processes.

Protein

Large biomolecules consisting of one or more long chains of amino acids, essential for structure, function, and regulation of the body's cells, tissues, and organs.

Related Questions