Match Each Following Terms with Their Correct Description from the Items

question 177

Multiple Choice

Match each following terms with their correct description from the items listed below.
-May involve a long-term contract

• A)Committed fixed cost
• B)Discretionary fixed cost
• C)Mixed cost
• D)Step cost

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Definitions:

British Colonies

Territories under British rule during the age of exploration and empire, significant for the spread of English language, culture, and economic systems worldwide.

Townshend Duties

The Townshend Duties were a series of British taxes on colonies in America imposed in 1767 on imports such as tea, glass, and paper, which sparked widespread protests.

Lord North

was the Prime Minister of Great Britain from 1770 to 1782, best known for his leadership during the American Revolution and losing the American colonies for Britain.

Colonial Assemblies

Elected bodies of representatives in the American colonies that voiced local interests, passed laws, and challenged the authority of the British colonial governors.