Which of the Following Is Not an Example of a Group

question 134

Multiple Choice

Which of the following is not an example of a group responding to an incentive?

• A)Students attend class because of an attendance policy that reduces their grade for absences.
• B)Consumers buy more of a product when it is on sale at a reduced price.
• C)Universities offer fewer online classes when they generate more revenue than traditional classes.
• D)Employees work harder to earn higher commissions.

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Definitions:

Revenues

The total amount of money received by a company for goods sold or services provided during a specific period, before any deductions for expenses.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity level.

Manufacturing Costs

The total expense involved in the manufacturing process, including direct materials, direct labor, and overhead costs.

Variable Costs

Variable costs are expenses that change directly and proportionally with the level of production or business activity, such as raw materials and direct labor costs.