A Supervisor's Salary of £2,000 Per Month Is an Example

question 29

Multiple Choice

A supervisor's salary of £2,000 per month is an example of a

• A) fixed cost
• B) variable cost
• C) mixed cost
• D) step cost

---

Definitions:

Statutory Enactments

Laws or legal statutes officially passed and enacted by a legislative body.

Consumer Protection Statutes

Laws and regulations designed to ensure the rights of consumers as well as fair trade, competition, and accurate information in the marketplace.

SwampLand and Reclamation Project

An initiative aimed at converting swampland into useful, typically agricultural or urban land.

Purchase Agreement

A legal document outlining the terms and conditions under which a sale of goods takes place, including price, delivery, and product specifics.