What Two Factors Are Especially Important When Applying the FITT

question 26

Multiple Choice

What two factors are especially important when applying the FITT principle?

• A)experience and history
• B)volume and pattern
• C)rest and recovery
• D)training and condition

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Definitions:

Variable Cost

Costs that vary directly with the level of production or output, such as materials and labor.

Fixed Cost

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance.

Average Cost

The total cost divided by the quantity produced, calculating the cost on a per unit basis.

Total Output

The total quantity of goods or services produced by a firm or economy.