The Increased Use of Automation and Less Use of the Work

question 144

Multiple Choice

The increased use of automation and less use of the work force in companies has caused a trend towards an increase in

• A) both variable and fixed costs.
• B) fixed costs and a decrease in variable costs.
• C) variable costs and a decrease in fixed costs.
• D) variable costs and no change in fixed costs.

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Definitions:

Freshman Year

The first year of a student's journey in higher education or high school.

Education Level

A measure or classification of the highest degree of schooling or university education a person has completed.

Downtown Washington

Downtown Washington refers to the central business district and political center of Washington D.C., characterized by significant landmarks such as the White House and the U.S. Capitol.

Categorical Variables

Variables that denote categories and can assume one among a limited, typically constant, set of possible values.