Since a Mixed Cost Has Both a Fixed and a Variable

question 167

Multiple Choice

Since a mixed cost has both a fixed and a variable component,

• A)neither total cost nor unit cost will vary with changes in the level of activity.
• B)total cost will vary with changes in the level of activity, but unit cost will not.
• C)unit cost will vary with changes in the level of activity, but total cost will not.
• D)both the total cost and the unit cost will vary with changes in the level of activity.

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Definitions:

Double Tax

The imposition of two or more taxes on the same income, asset, or financial transaction.

Disenfranchisement

The removal or denial of the right to vote or other rights of citizenship, often targeted towards specific groups or individuals.

Literate

Having the ability to read and write, or being knowledgeable in a particular area or field.

Jubilee Singers

A group of African American singers from Fisk University who toured the United States and Europe in the late 19th century, introducing audiences to spirituals and raising funds for their institution.