Fixed Costs ________

question 19

Multiple Choice

Fixed costs ________.

• A) are considered variable costs over the long run
• B) provide less operating leverage
• C) reduce the risk of loss
• D) are graphed as a steeply sloped line

---

Definitions:

Population

The total number of individuals or entities in a specified area or of a particular group being studied or referred to.

Ethnicity

The classification of people based on shared cultural, ancestral, language, or social traits.

Measure

To ascertain the size, amount, or degree of something typically with the use of instruments or tools designed for such purposes.

Acculturate

To adapt to or acquire the cultural traits or social patterns of another group.