If You Were Thinking About a Slow Cooker as a System

question 160

Multiple Choice

If you were thinking about a slow cooker as a system, which of the following represents the output?

• A) The uncooked ingredients.
• B) The cooked food.
• C) A light and timer indicating that the slow cooker is on "low."
• D) The slow cooker running on "low" for 6 hours.

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Definitions:

Variable Costs

Costs that vary directly with the level of production or sales volume.

Fixed Costs

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

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs.

Variable Costs

Variable costs are expenses that change in proportion to the activity or production level of a business.