Select the Appropriate Type of Cost for Each of the Definitions

question 243

Multiple Choice

Select the appropriate type of cost for each of the definitions below.
-remains the same in total within the relevant range

• A)variable
• B)fixed
• C)mixed
• D)step

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Definitions:

Agricultural Exports

Goods that are produced through farming and agriculture that are sold to other countries.

Instability

The tendency of a system or market to experience unpredictable or erratic changes, potentially leading to chaos or disorder.

Demand

The desire and ability of consumers to purchase goods or services at various price levels, at a particular time.

Government Agricultural Aid

Financial support and assistance programs provided by the government to the agricultural sector, aimed at stabilizing prices, ensuring food security, and supporting farmers' incomes.