Variable Costs

question 35

Multiple Choice

Variable costs:

• A)Remain constant in total regardless of the level of output
• B)Increase per unit as output increases
• C)Decrease per unit as output decreases
• D)Remain constant per unit regardless of the level of output

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Definitions:

Cohort Study

An observational study type that follows a group of people (cohort) over time to investigate how certain variables may affect certain outcomes.

Retrospective Study

A research design that examines past data or events to find patterns or outcomes.

Prospective Study

A research design that follows subjects forward in time to examine the effects of certain variables on future outcomes.

Stressor

Any external or internal factor that causes stress in an individual, challenging their ability to cope.