Select the Appropriate Type of Cost for Each of the Definitions

question 60

Multiple Choice

Select the appropriate type of cost for each of the definitions listed below.
-will decrease on a per-unit basis as output increases

• A)variable
• B)fixed
• C)mixed
• D)step

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Definitions:

Recent Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.

Stock Prices

The cost or value of a share of a company's stock, which fluctuates based on supply and demand, market conditions, and company performance.

Transactional Leaders

Leaders who focus on routine, supervision, and performance-based rewards and punishments.

Empower

To give authority or power to individuals, enabling them to take control of their situations and make significant decisions.