Which of the Following Is an Example of a Fixed

question 81

Multiple Choice

Which of the following is an example of a fixed cost?

• A) Paper used in the manufacture of textbooks.
• B) Property taxes paid by a firm to a large city.
• C) The wages of part-time workers who are paid $8 per hour.
• D) Gasoline consumed by salespersons' cars.
• E) Surgical supplies used in a hospital's operating room.

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Definitions:

1914

Generally references the year notable for the start of World War I, but without additional context, it doesn't apply to a specific key-term related to law or policy.

Enacted

Made into law by official legislative action.

Horizontal Merger

A business consolidation that occurs between firms that operate in the same industry.

Vertical Merger

A business integration strategy where companies within the same supply chain but at different stages of production merge.