Costs That Are "Fixed

question 7

Multiple Choice

Costs that are "fixed":

• A)do not vary in the short run, but can change in the long run.
• B)will never change.
• C)vary with output, but not with resource prices.
• D)None of these are correct.

Acknowledge the contributions of seminal theorists and their definitions of theory.

Recognize the significance of theories in advancing technology and practice.

Understand the initial steps and considerations in setting up employee training activities.

Identify different kinds of knowledge and skill development through specific training methods.