Which of the Following Is an Example of a Fixed

question 109

Multiple Choice

Which of the following is an example of a fixed cost?

• A) The cost of fabric for making backpacks
• B) The profits gained from opening a bakery instead of an ice cream store
• C) Research and development costs for a new medicine
• D) Water used to make lemonade at a lemonade stand

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Definitions:

Standing Skills

The abilities required for a person to maintain upright posture and balance, especially significant during early childhood development.

Infant Memory

The capacity of infants to remember information and experiences, which is less developed compared to adults but shows notable retention over short periods.

Dramatic Improvements

Significant and impressive enhancements or advancements in a particular area, situation, or condition.

Age

The length of time that a person has lived or a thing has existed.