John Must Assess Which Impact of His Recycling Program Will

question 5

Multiple Choice

John must assess which impact of his recycling program will most likely accurately measure the results. Which of the following is most likely to do that?

• A) The effect on global warming is summarized
• B) An estimate is determined of the amount of landfill space saved
• C) How many people helped with the program is considered
• D) Plastic bottles found in the recycling bins are counted

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Definitions:

Total Cost

Total cost refers to the aggregate sum of all costs, both fixed and variable, incurred by a business in producing goods or services.

Fixed Cost

Fixed cost is an expense that does not change with the level of production or sales, such as salaries, rent, and insurance.

Variable Cost

Costs that change directly with the level of production or service output.

Total Cost

The aggregate expenditure incurred by a business to produce, buy, or sell goods and services, including fixed and variable costs.