Which of the Following Is Part of the Demographic Environment

question 46

Multiple Choice

Which of the following is part of the demographic environment of a country?

• A)age distribution
• B)distribution of wealth
• C)lifestyles
• D)norms and customs
• E)exchange rates

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Definitions:

Fixed Cost

A business expense that remains constant regardless of how much goods or services are produced.

Average Variable Cost

The total variable costs of production divided by the number of units produced, representing the variable cost per unit.

Instructional Modules

Structured units of teaching material or academic content designed for educational purposes.

Variable Cost

Costs that change in proportion to the level of production or business activity.