_____________ Costs Are a Function of Quantity Sold,not Time

question 64

Multiple Choice

_____________ costs are a function of quantity sold,not time.

• A)fixed
• B)semi-variable
• C)operating
• D)semi-fixed
• E)none of the above

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Definitions:

Plant Manager

An individual responsible for overseeing all aspects of operations, including production, staffing, and quality control, within a manufacturing facility.

Fixed Wage

A set amount of compensation paid to employees, consistent across pay periods, regardless of hours worked or performance levels.

Individual Worker

Pertains to a single employee or laborer considered independently within an economic model, focusing on their productivity, wage, or employment conditions.

Effort

The amount of physical or mental energy put into achieving a particular task or outcome.