Which of the Following Is an Example of a Fixed

question 177

Multiple Choice

Which of the following is an example of a fixed cost for a fishing company?

• A) The cost of hiring a fishing crew.
• B) The fuel costs of running the boat.
• C) The monthly loan payment on the boat.
• D) The supply of nets, hooks, and fishing lines.
• E) Bait.

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Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals, groups, or even nations to cope with realities and to maintain self-image.

Reaction Formation

A psychological defense mechanism where an individual unconsciously replaces unacceptable thoughts or feelings with their opposites.

Defense Mechanism

Psychological strategies employed by individuals, often unconsciously, to protect themselves from anxiety-producing thoughts, feelings, or situations.

Denial

A psychological strategy where an individual evades facing a personal issue or accepting the truth by rejecting the presence of the problem or reality.