Which Term Describes Costs That a Firm Does Not Have

question 29

Multiple Choice

Which term describes costs that a firm does not have to incur in the short run to operate the business?

• A)discretionary costs.
• B)committed costs.
• C)required costs
• D)All of the answers are correct.

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Definitions:

Synapse

The junction between neurons where the exchange of information occurs through chemical neurotransmitters.

Axon

A part of the neuron that transmits electrical impulses away from the neuron's cell body to other neurons, muscles, or glands.

Nucleus

The central part of an atom containing protons and neutrons, or a membrane-bound organelle in eukaryotic cells that contains the genetic material.

Dendrite Metaphor

A figurative expression comparing the branching structure of dendrites in neurons to various network or tree-like structures in different contexts.