_____________ Fluctuate with Volume

question 79

Multiple Choice

_____________ fluctuate with volume.

• A) Fixed costs
• B) Variable costs
• C) Total costs
• D) Both A & B
• E) Both B & C

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Definitions:

Expert Power

The influence and authority one possesses as a result of one's expertise, skills, or knowledge.

Referent Power

A form of power that stems from being admired, respected, and liked by others.

Reward Power

The ability of an individual to influence others' behavior by controlling access to desired resources or rewards.

Coercive Power

The ability of a person to influence others' behavior by means of threats, punishment, or sanctions.