Complete the Following Table to Indicate Your Understanding of Fixed

question 67

Essay

Complete the following table to indicate your understanding of fixed and variable cost behavior by inserting one of the following responses in each box: "Remain constant," "Increase," or "Decrease." $$\begin{array} { | l | l | l | } \hline & \begin{array} { l } \text { When Activity } \\\text { Increases }\end{array} & \begin{array} { l } \text { When Activity } \\\text { Decreases }\end{array} \\\hline \text { Unit fixed costs } & & \\\hline \text { Total fixed costs } & & \\\hline \text { Unit variable costs } & & \\\hline \text { Total variable costs } & & \\\hline\end{array}$$

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Definitions:

Inspirational Motivation

The ability of a leader to inspire and motivate followers towards achieving higher levels of performance and towards a greater sense of purpose.

Intellectual Stimulation

The influence or activity that encourages thinking, questioning, and innovation, often seen as a leadership quality that challenges the status quo.

Transformational Leaders

Leaders who inspire followers to exceed their own self-interests for the good of the organization and can effect significant change in both followers and the organization.

Question Assumptions

The critical thinking process of challenging and evaluating the taken-for-granted beliefs or principles underlying arguments or strategies.