All of the Following Are True of Theories Except

question 47

Multiple Choice

All of the following are true of theories except

• A)they organize existing data
• B)an attribute of a good theory is that it is high on "productivity"
• C)provide the basis for making predictions that can be tested empirically
• D)they are tentative until the facts prove them true

---

Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent and salaries.

Relevant Range

The span of activity or volume level within which the assumptions about fixed and variable costs are expected to hold true.

Direct Product Cost

The sum of all costs directly associated with the production of a product, including materials and labor.

Production Line Workers

Employees who work on the manufacturing line, directly involved in producing goods.