Total Fixed Cost

question 225

Multiple Choice

Total fixed cost

• A) is dependent on production volumes.
• B) stays the same even if production stops temporarily.
• C) includes wages and sales commissions.
• D) is the sum of average fixed costs and variable overheads.
• E) is dependent on minor changes in output volume.

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Definitions:

Procedural Unconscionability

Unconscionability that derives from the process of making a contract.

Legalese

The formal and technical language of legal documents that is often difficult for laymen to understand.

Intoxication

A condition resulting from the excessive consumption of alcohol or drugs, impairing a person's cognitive and physical capacities.

Disaffirmed

The act of denying or rejecting a previously accepted contract or agreement, particularly by someone not legally bound by it.