A Fixed Cost Is a Cost That

question 28

Multiple Choice

A fixed cost is a cost that:

• A) changes with changes in the level of activity.
• B) stays the same per unit as the number of units changes.
• C) stays the same irrespective of changes in the level of activity.
• D) is a fixed proportion of profit.

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Definitions:

Cellular Respiration

The process by which cells convert sugars into energy in the form of ATP, consuming oxygen and releasing carbon dioxide.

Mitochondria

Mitochondria are organelles within cells that are responsible for producing adenosine triphosphate (ATP), the cell's main energy carrier, through the process of oxidative phosphorylation.

ATP

Adenosine triphosphate, a molecule that carries energy within cells for metabolism.

Mitochondria

Organelles found in the cytoplasm of eukaryotic cells, involved in producing energy through the process of cellular respiration.