Examlex

Solved

An Increase in the Level of Activity Will Have the Following

question 134

Short Answer

An increase in the level of activity will have the following effects on unit costs for variable and fixed costs:  Unit Variable Cost  Unit Fixed Cost a. Increases  Decreases b. Remains constant  Remains constant c. Decreases  Remains constant d. Remains constant  Decreases \begin{array}{ll}&\text { Unit Variable Cost }&\text { Unit Fixed Cost }\\a.&\text { Increases } & \text { Decreases } \\b.&\text { Remains constant } & \text { Remains constant } \\c.&\text { Decreases } & \text { Remains constant } \\d.&\text { Remains constant } & \text { Decreases }\end{array}


Definitions:

Political Party

An organized group of people with similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office.

Win Elections

The aim and process political candidates and parties undergo to gain office by receiving a majority or plurality of votes in an election.

Official Power

The legal authority vested in a person holding a governmental office or position to make decisions, enact policies, or command resources.

Political Party

A collective of individuals united by broadly similar political goals and views, aiming to impact governmental policy through the election of its members to positions of power.

Related Questions