Assuming Costs Are Represented on the Vertical Axis and Volume

question 49

Multiple Choice

Assuming costs are represented on the vertical axis and volume of activity on the horizontal axis, which of the following costs would be represented by a line that is parallel to the horizontal axis?

• A)total direct material costs
• B)a consultant paid £75 per hour with a maximum fee of £1,200
• C)employees who are paid £10 per hour and guaranteed a minimum weekly wage of £200
• D)rent on exhibit space at a convention

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Definitions:

Cross-Sectional Design

A study approach that examines information from an entire population or a representative sample at a particular moment.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, and responsible for carrying genetic information.

Genes

The segments of DNA that are located on the chromosomes and are the basic units for the transmission of all hereditary traits.

Gerontology

The study of the aging process and the challenges encountered as individuals grow older.