Indicate Whether the Item Applies to Fixed Costs or Variable

question 3

Multiple Choice

Indicate whether the item applies to fixed costs or variable costs.

-loan payment

• A) fixed costs
• B) variable costs

---

Definitions:

Territorial Expansion

The process by which a country increases its land and influence, often through colonization or the acquisition of territories from other countries.

Slave Women

Female individuals who were subjected to slavery, historically denied personal freedom and forced to work without compensation.

Spanish Rule

pertains to the historical period when Spain governed territories around the world, including parts of the Americas, through a system of viceroys and colonial administration.

Legal Equality

The principle that all individuals must be treated equally by the law, without any discrimination.