For a Large Firm That Produces and Sells Automobiles, Which

question 175

Multiple Choice

For a large firm that produces and sells automobiles, which of the following costs would be a variable cost?

• A)the $20 million payment that the firm pays each year for accounting services
• B)the cost of the steel that is used in producing automobiles
• C)the rent that the firm pays for office space in a suburb of St. Louis
• D)All of the above are correct.

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Definitions:

Social Skills

The abilities necessary for effective interpersonal behavior and communication.

Etiquette

The customary code of polite behavior in society or among members of a particular profession or group.

Invisible

Anything that cannot be seen or perceived visually, often due to being intangible or hidden.

Ethnic People

Groups of individuals who share a common cultural heritage, ancestry, language, or social experience.