Examlex
Which of the following refers to a policy of increasing national power by managing the economy to create a trade surplus?
Fixed Cost
A cost that remains constant, regardless of changes in the level of production or sales activities.
Factory Supervisor
An individual responsible for overseeing the production process and workers in a manufacturing setting.
Merchandising Company
A merchandising company is a business that purchases finished products and sells them to consumers, without altering the product's form.
Fixed Cost
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.
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