Which of the Following Costs Are Variable

question 12

Multiple Choice

Which of the following costs are variable?

• A) 1 and 2
• B) 1 and 4
• C) only 1
• D) only 2

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Definitions:

Stewardship Worldview

A philosophy that emphasizes responsible management and care for the natural environment and resources.

Economic Growth

The increase in the production of goods and services in an economy over a period of time, typically measured by GDP.

Ethical Responsibility

The moral duty to act correctly and make decisions that are good and right for society, the environment, and future generations.

Stewardship

The act of managing or looking after the wellbeing of something, often relating to environmental conservation and the responsible use of resources.