Select the Appropriate Classification of Each of the Costs Listed

question 19

Multiple Choice

Select the appropriate classification of each of the costs listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Sales commissions

• A)Variable cost
• B)Fixed cost

---

Definitions:

Intermediate Goods

Products used in the production of final goods or services but not sold directly to consumers.

Final Goods

Products that are consumed by the end user and do not require further transformation or inclusion in the production of other goods.

Hamburgers

A popular food item consisting of a cooked patty of ground meat, usually beef, placed inside a sliced bun, often served with various condiments and toppings.

Microeconomic Analysis

The study of the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.