Which Example Is NOT a Step Cost

question 28

Multiple Choice

Which example is NOT a step cost?

• A) When oil and gas exploration activity reaches a certain level in a given area, a company leases an additional rig. The lease cost of the rigs is a step cost.
• B) When ten nurses are added to a shift, a nursing supervisor is also added to the shift. The salaries of the nursing supervisors are a step cost.
• C) When a telemarketing company adds ten workers to a shift, a supervisor is also added to the shift. The salaries of the supervisors are a step cost.
• D) When a manufacturing company ceases production, a skeleton crew of maintenance workers continues to work, but the rest are terminated. When production resumes, maintenance workers are rehired in direct proportion to the amount of production. The wages of the maintenance workers are a step cost.

Recognize the significance of introspection and its role in early psychology.

Differentiate between various psychological approaches and perspectives.

Appreciate the importance of evaluating sources and evidence in psychology.

Acknowledge the contributions of foundational figures in psychology.

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Definitions:

Content Marketing

A marketing strategy focused on creating, publishing, and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience.

Social Branded Entertainment

Content created by or for brands that blends marketing messages with entertainment value, distributed through social media to engage audiences.

Social Games

Interactive games designed to be played on social networking platforms, promoting communal engagement and interaction.

Prolonged Period

An extended duration of time, often longer than expected or usual.