A Variable Cost Is One That Varies in Proportion to a Business

question 93

True/False

A variable cost is one that varies in proportion to a business activity.

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Definitions:

Nonmetallic Mineral

Minerals that lack metallic properties, often used in construction and manufacturing, such as sand, gravel, and precious stones.

Phosphates

Mineral salts containing the phosphate ion, used in fertilizers, detergents, and as a dietary supplement.

Gangue

The valueless minerals or rock that are mined along with valuable minerals or ore, typically disposed of as waste.