Which of the Following Are Variable Costs of Production

question 178

Multiple Choice

Which of the following are variable costs of production?

• A) the wages paid to non-salaried employees
• B) the cost of wood used to produce furniture
• C) the cost of electricity that powers the lighting and computer systems in an office building
• D) All of the above are variable costs of production.

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Definitions:

Sucking

An instinctual reflex in infants that facilitates the intake of nourishment from a breast or bottle.

Human Development

The multidisciplinary study of how people change and grow over the course of their life, encompassing physical, cognitive, and social changes.

Nature

Refers to the innate traits, qualities, and genetics that determine who we are, often contrasted with nurture, the influence of the environment and experience.

Nurture

The influence of environmental factors on an individual's development, including upbringing, education, and social interactions.