Which of the Following Is Not an Example of a Variable

question 69

Multiple Choice

Which of the following is not an example of a variable cost for a manufacturer of bicycles?

• A)Number of tires
• B)Gallons of paint
• C)Wages for factory workers
• D)President of the company's salary

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Definitions:

Industrialized Nations

Countries that are characterized by a high level of industrialization, advanced technological infrastructure, and higher living standards.

Labor Productivity

The measure of the amount of goods and services produced by one hour of labor.

Worker Hour

A measure of labor that represents one hour of work performed by an employee or a group of employees.

Gross Savings Rate

The percentage of gross national income saved by a country's residents.