Electricity Generating Plants with Low Fixed Costs Tend to Have

question 323

True/False

Electricity generating plants with low fixed costs tend to have high operating costs.

---

Definitions:

Latin American Markets

Refers to the economies and trading systems within countries located in Latin America, noting their unique challenges and opportunities.

Managing Employees

The act of overseeing and guiding employees' work and performance to achieve organizational goals.

Human Capital

The collective skills, knowledge, abilities, health, and motivations of individuals that contribute to their economic value in the workforce.

Tangible Asset

Physical assets that can be seen and touched, such as machinery, buildings, and inventory.