Variable Costs

question 34

Multiple Choice

Variable costs:

• A)change as the quantity of output changes.
• B)are zero when production is zero.
• C)are exemplified by direct labor and raw materials.
• D)All of the above.
• E)None of the above.

---

Definitions:

Gear Reduction

A mechanism that reduces the speed of an input shaft to a slower output speed, increasing torque in the process.

Steering Axles

Axles equipped with mechanisms for steering, allowing the vehicle to change direction; critical for maneuverability.

Highway Truck

A type of truck engineered for long-distance travel on highways, typically designed for transporting cargo efficiently.

Chassis

The base frame of a motor vehicle or other wheeled apparatus.