The Fixed Costs Required to Achieve a Desired Level of Production

question 120

Multiple Choice

The fixed costs required to achieve a desired level of production or to provide a desired level of service,while maintaining product or service attributes,are ________.

• A) discretionary fixed costs
• B) committed fixed costs
• C) capacity costs
• D) step costs

---

Definitions:

Bureau Of Labor Statistics

A U.S. government agency responsible for collecting and analyzing labor economic data to support public and private decision making.

Housing

Housing encompasses the market for dwelling places, including their construction, purchase, rent, and sale.

CPI

The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Increase In Value

A rise in the monetary worth or market value of an asset.