If a Firm Increases Production,then Its

question 93

Multiple Choice

If a firm increases production,then its:

• A) variable costs rise.
• B) fixed costs stay the same.
• C) total costs increase.
• D) All of these are true.

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Definitions:

Employment Opportunity

The availability of job positions that potential employees can apply for, often influenced by economic, societal, and organizational factors.

Age Discrimination

Unfair treatment or bias against individuals or groups based on their age, especially in employment practices.

Employment Act

Legislation that sets out the rights and obligations of employees and employers within the workplace.

Forced Retirement

The situation in which an employee is compelled to retire against their wishes, often due to company policies or economic pressures.