A Fixed Cost Is a Cost Whose Cost Per Unit

question 246

True/False

A fixed cost is a cost whose cost per unit varies as the activity level rises and falls.

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Definitions:

Coercive

Relating to or using force or threats to persuade someone to do something or to achieve compliance.

Uncommunicative

Lacking the willingness or ability to talk or share information.

Vulnerable

A state of being open to harm, damage, or exploitation due to a lack of protection or strength.

Balance of Probabilities

The standard of evidence in civil trials, where a case is decided in favor of the party whose claim is more likely to be true.