Business Costs That Change with the Level of Production Are

question 84

Multiple Choice

Business costs that change with the level of production are called _____ costs.

• A)inflexible
• B)fixed
• C)variable
• D)production

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Definitions:

Burritos

A traditional Mexican dish consisting of a wheat flour tortilla wrapped or folded around a filling, which can include a variety of ingredients such as meat, beans, cheese, and vegetables.

Specialization

Concentration of production on a limited range of goods or services to increase efficiency and productivity, often leading to increased trade between economies.

Lemonade

A sweetened beverage made from lemon juice, water, and sugar, often served cold.

Pizzas

A savory dish of Italian origin, consisting of a round, flattened base of leavened wheat-based dough topped with tomatoes, cheese, and often various other ingredients, baked at a high temperature, traditionally in a wood-fired oven.