A(n)________ Is a Written Note or Drawing on a Slide

question 63

Multiple Choice

A(n) ________ is a written note or drawing on a slide that provides additional commentary or explanation.

• A)imprint
• B)comment
• C)animation
• D)annotation

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Definitions:

Fixed Cost

Costs that do not change with the level of output or sales, such as rent or salaries.

Variable Cost

Expenses that change in proportion to the amount of goods or services produced, like labor and materials.

Diseconomies of Scale

occur when a company or production process becomes less efficient as it scales up, leading to increased average costs per unit.

Minimum Efficient Scale

The smallest level of production at which a firm can achieve the lowest long-term average cost, allowing it to be competitively viable.