In General, ____

question 47

Multiple Choice

In general, ____.

• A) spiral galaxies are the most common galaxies, and are make up most of the cataloged galaxies
• B) elliptical galaxies are the most common galaxies, and are make up most of the cataloged galaxies
• C) most cataloged galaxies are spiral, but dwarf galaxies are the most common
• D) most cataloged galaxies are elliptical, but spiral galaxies are the most common
• E) most cataloged galaxies are spiral, but elliptical galaxies are the most common.

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Definitions:

Unit Variable Cost

The cost associated with producing one additional unit of a product, excluding fixed costs.

Fixed Cost

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.

Profit

The difference between the amounts received from customers for goods or services provided and the amounts paid for the inputs used to provide the goods or services.

Direct Materials Cost

The expense associated with raw materials directly incorporated into a finished product.