Which of the Following Statements Is True

question 64

Multiple Choice

Which of the following statements is true

• A)Total variable cost change in direct proportion to changes in the amount of the activity.
• B)In the short run, all cost are variable.
• C)In the long run, all costs are fixed.
• D)Mixed costs are step costs.

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Definitions:

Levels

Refers to different stages, positions, or degrees in a hierarchy or process.

Brain

The organ located in the skull, responsible for coordinating movement, interpreting the senses, producing thoughts, emotions, and storing memories.

Tranquilizers

Drugs used to reduce tension or anxiety, often affecting the central nervous system to induce a calming effect.

Depressant Drugs

Substances that reduce the function or activity of a specific part of the body or brain, often used to induce relaxation, decrease anxiety, or promote sleep.