A Cost That Contains Both Fixed and Variable Elements Is

question 132

Multiple Choice

A cost that contains both fixed and variable elements is referred to as a:

• A) mixed cost.
• B) hybrid cost.
• C) relevant cost.
• D) nonvariable cost.

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Definitions:

Law Of Contingent Reinforcement

The principle that a reward should be given only when a desired behaviour occurs.

As Soon As Possible

A phrase indicating urgency, requesting that a task or action be completed in the shortest amount of time reasonably achievable.

Law Of Contingent Reinforcement

This law states that the effectiveness of a reinforcement depends on how consistently and immediately it follows the desired behavior.

Desired Behaviour

Specific actions or reactions that an organization, system, or individual aims to evoke from others, often through reinforcement or incentives.