Which of the Following Is True About the Changes in Fixed

question 20

Multiple Choice

Which of the following is true about the changes in fixed cost?

• A) An increase in production will result in an increase in per unit fixed cost.
• B) A decrease in fixed cost will result in an increase in variable cost.
• C) An increase in production will result in a decrease in per unit fixed cost.
• D) A decrease in production will result in an increase in total fixed cost.

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Definitions:

Unique Goods

Items or products that are distinct due to their rarity, design, or special features that make them uncommon in the marketplace.

UCC

The Uniform Commercial Code, an extensive framework of rules that regulate commercial activities across the United States.

Role Conflict

Occurs when someone is unable to respond to role expectations that conflict with one another.

Expectations

The beliefs or predictions individuals have regarding future events or outcomes, influencing their attitudes and behaviors.