Which of the Following Statements About Step Costs Is FALSE

question 95

Multiple Choice

Which of the following statements about step costs is FALSE?

• A)If the individual chunks of cost are relatively large and apply to a specific,broad range of activity,the step cost is considered to be a fixed cost over that range of activity.
• B)When individual chunks of cost are relatively small and apply to a narrow range of activity,step costs are considered to be variable costs.
• C)Some step costs can be assumed to be variable costs for planning purposes with little loss of accuracy.
• D)Step costs are the same as mixed costs.

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Definitions:

Transcendence

The act of going beyond the limits of ordinary experience, often in a spiritual or existential sense.

Metamotives

Metamotives refer to higher-order motivations that transcend basic physiological needs, often related to self-actualization and the pursuit of meaning.

Free Will

The concept that humans have the capability to make choices independently of any preexisting conditions or determinants.

Determinism

The philosophical belief that all events, including human actions, are ultimately determined by causes external to the will.