A Company Has a Cost That Is $7

question 130

Multiple Choice

A company has a cost that is $7.00 per unit at a volume of 10,000 units and $5.00 per unit at a volume of 14,000 units.What type of cost is this?

• A)Fixed costs
• B)Variable costs
• C)Mixed costs
• D)Incremental costs

---

Definitions:

Conditioned Stimuli

Stimuli that have become associated with a particular response through conditioning, typically in the context of classical conditioning.

Sign-Stimuli

External sensory cues that trigger a specific, often instinctual, behavior in an organism.

Classical Conditioning

A learning process that involves creating associations between a naturally occurring stimulus and a previously neutral stimulus.

Instrumental Conditioning

A learning process through which the strength of a behavior is modified by the behavior's consequences, such as reward or punishment.