The Three Types of Dismissals Are ________, Downsizings, and Layoffs

question 74

Multiple Choice

The three types of dismissals are ________, downsizings, and layoffs.

• A) outsourcings
• B) resourcings
• C) firings
• D) closings
• E) transfers

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Definitions:

Total Variable Cost

The cumulative expenses that change in proportion to the level of goods or services produced.

Output

refers to the quantity of goods or services produced by a firm, industry, or economy within a specific period.

Marginal Cost

Marginal cost is the cost of producing one additional unit of a product or service.