Which of These Would Be Considered a Fixed Cost

question 28

Multiple Choice

Which of these would be considered a fixed cost?

• A)Cost of fuel for a transport company.
• B)Laundry costs to wash towels used by a hairdresser.
• C)Insurance premium.
• D)Materials used in production.

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Definitions:

Visual Pigment

Light-sensitive molecules found in photoreceptor cells of the retina, essential for converting light into visual signals.

Color-Blind

A visual impairment where an individual has difficulty distinguishing between certain colors.

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and visual acuity under bright light conditions.

Visual Pigment

Molecules in photoreceptor cells of the eyes that undergo chemical changes upon absorbing light, initiating the process of vision.