Which of the Following Was NOT a Factor Which Led

question 77

Multiple Choice

Which of the following was NOT a factor which led to the demise of the Soviet economy?

• A)a failure to embrace technological innovations in industry, research and development
• B)collectivized agriculture remained inefficient
• C)poor infrastructure as result of a lack of roads, railroads and canals built during the Soviet era
• D)a rising economic gap between the Soviet elite and the common people
• E)poor quality manufactured goods compared to what was produced in the West

---

Definitions:

Units

The individual elements or items produced or available in some quantity.

Variable Cost

Costs that change in proportion to the level of production or sales activity, such as raw material and labor costs.

Fixed Cost

Expenses that do not vary with the level of production or sales activity, such as rent, salaries, and insurance premiums.

Period Cost

Costs that are expensed in the period in which they are incurred, typically including selling and administrative expenses, rather than being included in the cost of goods sold.