Select the Correct Statement from the Following

question 50

Multiple Choice

Select the correct statement from the following.

• A) A fixed cost structure offers less risk (i.e., less earnings volatility) and higher opportunity for profitability than does a variable cost structure.
• B) A variable cost structure offers less risk and higher opportunity for profitability than does a fixed cost structure.
• C) A fixed cost structure offers greater risk but higher opportunity for profitability than does a variable cost structure.
• D) A variable cost structure offers greater risk but higher opportunity for profitability than does a fixed cost structure.

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Definitions:

Transtheoretical Model

A theory of behavior change that assesses an individual's readiness to act on a new healthier behavior and provides strategies, or processes of change to guide the individual.

Socioeconomic Status

A measure of an individual's or group's economic and social position relative to others, based on income, education, and occupation.

Cultural Norms

Shared expectations and rules that guide behavior of people within social groups.

Wellness

A holistic approach to health that involves the pursuit of continued growth and balance in the physical, emotional, spiritual, and social aspects of one’s life.