Fixed Costs

question 85

Multiple Choice

Fixed costs:

• A) change as a small quantity of output produced changes.
• B) are constant over the short-run regardless of the quantity of output produced.
• C) are defined as the change in total costs when one more unit of output is produced.
• D) are subtracted from sales to compute the contribution margin.
• E) can be ignored in scenario analysis since they are constant over the life of a project.

---

Definitions:

Pica

An eating disorder involving the consumption of items not considered food, often non-nutritive substances like dirt or paper.

ADHD-H

Attention-deficit/hyperactivity disorder, hyperactive-impulsive type, characterized by symptoms of impulsivity and hyperactivity without significant inattention.

ADHD-HI

A subtype of Attention Deficit Hyperactivity Disorder characterized by high levels of hyperactivity and impulsiveness.

Fidgeting and Restlessness

Minor physical movements, often unconscious, indicating impatience, anxiety, or the presence of surplus energy.