Which of the Follow Is Not an Assumption When Estimating

question 57

Multiple Choice

Which of the follow is not an assumption when estimating a cost function over the relevant range of activity?

• A) Mixed costs will change in total
• B) Mixed costs will change per unit
• C) Variable costs will be constant in total
• D) Fixed costs will be constant in total.

---

Definitions:

Fluid Intelligence

The ability to solve new problems, use logic in new situations, and identify patterns without relying on pre-existing knowledge.

Crystallized Intelligence

A form of intelligence that involves the ability to use knowledge, experience, and skills that one has acquired over a lifetime.

Poverty

The state of having insufficient financial resources to meet basic living expenses like food, housing, and healthcare.

Toddler

A young child who has recently learned to walk, typically aged between one and three years old.