A Local Playground Equipment Company Plans to Operate Out of Its

question 238

Multiple Choice

A local playground equipment company plans to operate out of its current factory, which is estimated to last 30 years. All cost decisions it makes during the 30-year period

• A)are long-run decisions.
• B)are short-run decisions.
• C)involve only maintenance of the factory.
• D)are zero because the cost decisions were made at the beginning of the business.

---

Definitions:

Material

The substances or components from which something is made or can be made.

Previewing

The process of looking over or reviewing content before engaging with it in depth, such as previewing a chapter before reading.

Reviewing

The process of examining or assessing something with the possibility of instituting change if necessary.

Marking

The act of scoring or grading assessments, or indicating important information with symbols or signs.