Which of the Following Would Generally Be Considered Variable Costs

question 97

Multiple Choice

Which of the following would generally be considered variable costs?

• A) Labor
• B) Rent
• C) Insurance
• D) Depreciation

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Definitions:

Organizations

Social inventions for accomplishing common goals through group effort.

Diffusion

The manner in which a novel concept is transmitted across designated networks over time within a community.

Process Innovations

Improvements or significant changes in the methods or procedures by which goods and services are produced or delivered.

Diffusion

A method where a new idea is spread via specific pathways over a period among individuals within a societal structure.