An Example of a Fixed Cost Is

question 41

Multiple Choice

An example of a fixed cost is

• A)total indirect material cost.
• B)total hourly wages.
• C)cost of electricity.
• D)straight-line depreciation.

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Definitions:

Sigmund Freud

The founder of psychoanalysis, this Austrian neurologist introduced a new clinical technique aimed at resolving psychological disorders by facilitating dialogue between a patient and a psychoanalyst.

Therapy

The treatment of mental or psychological disorders by psychological means.

WWII

The Second World War, a global conflict that lasted from 1939 to 1945, involving most of the world's nations and culminating in significant loss of life and changes to the global political landscape.

The Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by high unemployment, deflation, and financial instability.