Michael Typically Posts Three Selfies an Hour to His Instagram

question 101

Multiple Choice

Michael typically posts three selfies an hour to his Instagram account. If he does not receive a number of comments complimenting his appearance, he will take down the photo or use a different filter. Michael is MOST likely_______________ .

• A) low in narcissism
• B) high in narcissism
• C) low in openness to experience
• D) high in openness to experience

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Definitions:

Fixed Inspection Cost

A cost that remains constant for a specific period regardless of the level of goods produced or inspected.

Machine-Hours

Machine-hours are a measure of the amount of time a machine is operated, used in manufacturing to allocate costs to products.

Relevant Range

It refers to the span of activity within which the assumptions about fixed and variable cost behaviors hold true.

Contribution Margin

The amount of revenue left after deducting all variable costs associated with producing and selling a product, indicating how much contributes towards covering fixed costs and generating profits.