Which of the Following Factors Are Likely to Result in Fewer

question 64

Multiple Choice

Which of the following factors are likely to result in fewer fixed costs?

• A) longer time horizons
• B) stronger labor unions
• C) unreliable resale markets
• D) greater capital requirements for production

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Definitions:

Tightly Regulated

Subject to strict and precise rules, standards, or controls by authoritative bodies to ensure compliance, safety, or quality.

Collective Bargaining

The process by which employers and unions negotiate contracts determining wages, hours, benefits, and working conditions for workers.

Traditional Authority

A form of leadership in which the authority of an organization or a ruler is largely tied to tradition or custom.

Unilaterally Establish

To implement or decide upon policies, rules, or terms by one party without consultation or agreement with others involved.