An Example of a Cost That Is Variable with Respect

question 84

Multiple Choice

An example of a cost that is variable with respect to the number of units produced and sold is:

• A) insurance on the headquarters building.
• B) power to run production equipment.
• C) supervisory salaries.
• D) depreciation of factory facilities.

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Definitions:

Yale

An elite private Ivy League research university in New Haven, Connecticut, known for its highly selective admissions process and distinguished academic and research programs.

Wage Differences

Variations in pay for jobs that are based on factors like location, skill level, experience, and industry demand.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Surplus Of Labor

A situation where the supply of workers exceeds the demand for labor, often leading to unemployment or underemployment.