Which of the Following Costs Is a Variable Cost

question 4

Multiple Choice

Which of the following costs is a variable cost?

• A) rental expense for factory building for manufacturer of electronics
• B) lease cost for factory machine for manufacturer of electronics
• C) fuel for airplane for airline
• D) depreciation expense of airplane for airline

Understand the implications of income elasticity of demand on consumer buying behavior.

Evaluate the role of elasticity in market adjustments and price volatility.

Understand the role of various medications in treating psychological disorders.

Identify the effects of drug withdrawal and how it impacts mental health.

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Definitions:

Ribosomes

Cellular structures where protein synthesis occurs, translating genetic information into proteins.

Synthesizes

The process of combining simpler substances chemically to form more complex substances.

Messenger RNA

A type of RNA that conveys genetic information from DNA to the ribosome, where it specifies the amino acid sequence of the protein products of gene expression.

Transcription

The process by which the information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA).