Which of the Following Is an Example of the Consumptive

question 38

Multiple Choice

Which of the following is an example of the consumptive use of water?

• A)water which evaporates from an irrigated field
• B)hydroelectric power production
• C)using water for a bath
• D)river navigation
• E)cooling water for nuclear power plants.

---

Definitions:

Variable Cost

Costs that vary directly with the level of production or service activity.

Fixed Cost

Expenses that do not change with the level of production or sales over the short term, such as rent, salaries, and insurance.

Period Cost

An expense that is not directly tied to the production process but rather incurred over a specific time period.

High-low Method

A technique used in accounting and finance to estimate variable and fixed costs based on the highest and lowest levels of activity.