Which of the Following Is Not a Criterion Typically Used

question 29

Multiple Choice

Which of the following is not a criterion typically used to allocate indirect fixed costs?

• A)Ability to bear costs
• B)Equity
• C)Feasible outcomes
• D)Relative benefits

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Definitions:

Technological Progress

The development and application of innovative techniques, machinery, and software to improve efficiency, productivity, and products.

Marginal Product

The extra production created by the inclusion of an additional unit of a certain input, while keeping all other inputs unchanged.

Female Employment

The participation of women in the workforce or labor market.

Monopsony

A market condition in which there is only one buyer or a dominant buyer for a product or service.