Which of the Following Would Be an Example of a Fixed

question 312

Multiple Choice

Which of the following would be an example of a fixed cost to a firm?

• A) rent for the building it occupies
• B) wages for the laborers
• C) the cost of raw materials
• D) electricity and other fuel costs

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Definitions:

Biofeedback

A technique that teaches individuals to improve their health by using signals from their own bodies, often involving the control of physiological functions such as heart rate, muscle tension, and blood pressure.

Relaxation

A state of being free from tension and anxiety, which can be achieved through various techniques such as meditation or deep-breathing exercises.

Negative Reinforcement

A process in behavioral psychology where the removal or avoidance of an unpleasant stimulus strengthens a behavior or makes it more likely to occur.

Punishment

A consequence that reduces the likelihood of a behavior being repeated, usually by introducing an unpleasant response or removing a desirable outcome following an undesirable behavior.