Requiring Refundable Deposits on Glass Bottles Is a Good Example

question 164

Multiple Choice

Requiring refundable deposits on glass bottles is a good example of using which of the following to increase recycling?

• A)incentives
• B)feedback
• C)removal of barriers
• D)persuasion and education

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales activities within a short time.

Variable Costs

Expenses which are dependent on the volume of activity within a business.

Profit-Volume Chart

A graphical representation that shows the relationship between a company's profits and its volume of sales, illustrating the break-even point and profit levels at different sales volumes.

Cost-Volume-Profit Chart

A chart that graphically shows sales, costs, and the related profit or loss for various levels of units sold. Also called a break-even chart.