All of the Following Are Assumptions for Developing and Using

question 123

Multiple Choice

All of the following are assumptions for developing and using a cost linear function except:

• A) Past costs rarely need updating to be good predictors of future costs
• B) Operations are within the relevant range
• C) Variable costs per unit remain constant within the relevant range
• D) Fixed costs remain fixed within the relevant range

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Definitions:

Majority Influence

The impact that the larger portion of a group can have on individual behavior or beliefs, often leading to conformity.

Minority Influence

The process by which a smaller group or individual can change the beliefs or behaviors of the majority through consistent, committed actions.

Permanent Change

An alteration or modification in processes, behavior, or systems that is intended to last indefinitely, without reversal to original state.

Conversion Theory

A theory suggesting that minority views can influence and ultimately change the majority opinion under certain conditions.