Which Type of Fixed Cost (1)tends to Be More Long-Term

question 44

Multiple Choice

Which type of fixed cost (1) tends to be more long-term in nature and (2) can be cut back more easily in bad economic times without doing serious harm to organizational goals and objectives?

• A)Choice A
• B)Choice B
• C)Choice C
• D)Choice D
• E)Choice E

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Definitions:

Expiration Date

The date after which a product, such as food or medicine, is no longer considered safe or effective to use.

Decline Stage

The final phase in the product life cycle characterized by a decrease in sales and profits, leading to the eventual withdrawal of the product from the market.

Product Life Cycle

The stages a product goes through from development and introduction to decline and discontinuation in the market.

Functional Benefits

The practical or utilitarian advantages that a product or service offers to customers.