In the Long Run,which of the Following Is Likely to Be

question 15

Multiple Choice

In the long run,which of the following is likely to be a variable cost?

• A)Factory rental but not wage costs.
• B)Wage costs but not costs for equipment.
• C)Interest payments on borrowed funds but not utilities.
• D)Rent,wages,and all other costs are variable in the long run.

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Definitions:

Jomon Culture

A prehistoric Japanese culture distinguished by its pottery, characterized by cord-marked patterns, dating from about 14,000 B.C. to 300 B.C.

Ceramic Technology

Refers to the methods and techniques used in the production and decoration of ceramic objects, encompassing pottery, tiles, and sculptures.

Amida Buddha

A celestial Buddha according to the scriptures of Mahayana Buddhism, often associated with pure land teachings and meditation.

Esoteric Sects

Religious or spiritual groups with teachings that are meant to be understood and followed by a specific inner circle of initiated members, often emphasizing mystical, occult, or secretive traditions.