Which of the Following Is an Example of a Fixed

question 54

Multiple Choice

Which of the following is an example of a fixed cost?

• A) Paper used in the manufacture of textbooks.
• B) Property taxes paid by a firm to the City of Los Angeles.
• C) The wages of part-time workers who are paid $8 per hour.
• D) Gasoline consumed by salespersons' cars.
• E) Surgical supplies used in a hospital's operating room.

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Definitions:

Social Security

A government program designed to provide financial assistance to people who are retired, unemployed, or otherwise unable to earn a sufficient income.

Mobilize Resources

The act of organizing, deploying, and managing resources such as people, capital, and materials to achieve specific goals.

Media Awareness

The understanding and critical evaluation of how mass media, advertising, and popular culture affect individuals and society.

Same-Sex Marriage

The legally or socially recognized marriage between two individuals of the same sex or gender identity.