A(n)________ Cost Is a Cost Whose Total Amount Changes in Direct

question 184

Multiple Choice

A(n) ________ cost is a cost whose total amount changes in direct proportion to a change in volume.

• A)variable
• B)fixed
• C)mixed
• D)irrelevant

---

Definitions:

Minimum Wage

The minimum wage is the lowest legal wage that employers can pay their workers, set by government policy to ensure a minimum standard of living for workers.

Employment

The condition of having paid work or being engaged in a job or business.

Labor-Market Discrimination

The practice of employers differentiating among workers on the basis of race, gender, religion, age, or other non-job-related factors.

Interview

A formal conversation between two or more people where questions are asked to gather information or assess qualifications.