Legitimizing Myths Are Explanations That Are Used to Account for ____

question 158

Multiple Choice

Legitimizing myths are explanations that are used to account for ____.

• A) inequalities in power (e.g., ethnic disparities in the US)
• B) random acts of violence and terror (e.g., the terrorist attacks of 9/11)
• C) natural wonders and mysteries (e.g., the existence of the universe)
• D) personal failures or defeats (e.g., why you slept through class)

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Definitions:

Variable Manufacturing Cost

Costs that vary directly with the level of production output, such as raw materials and direct labor costs.

Production Volume

The total quantity of goods or services produced by a business within a certain period.

Fixed Component

A portion of a cost that remains constant regardless of the level of production or sales volume, such as rent, salaries, and insurance.

Mixed Cost

A cost composed of a fixed and variable component, changing with the level of activity but also containing a constant element.