Total Fixed Cost

question 160

Multiple Choice

Total fixed cost:

• A) is the sum of all expenses which are closely related to output.
• B) is the sum of those costs which do not change in total no matter how much is produced.
• C) may vary in the short run-but is more or less fixed in the long run.
• D) is the sum of all costs of manufacturing and distributing a product.
• E) would be zero if the quantity produced were zero.

---

Definitions:

Microorganisms

Tiny, often microscopic, life forms, including bacteria, viruses, fungi, and protozoa, that can be found in almost every environment on Earth.

Gut

The gut, or gastrointestinal tract, is the system of organs responsible for digestion and absorption of nutrients, as well as expulsion of waste.

Language Control

The cognitive mechanism that allows bilingual or multilingual speakers to switch between languages efficiently and prevent unintended language interference.

Hemispheres

The two halves of the brain, the right and left hemispheres, each responsible for different functions and processes.