Label Whether Each of the Following Costs Is Most Likely

question 7

Essay

Label whether each of the following costs is most likely fixed (F) or variable (V).

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Definitions:

Standardized Tests

Tests that are administered and scored in a consistent manner to measure educational achievement or aptitude.

Physical Development Tests

Assessments designed to evaluate the physical growth and motor skills progression in individuals, often used for children.

Commercially Prepared

Pertains to products, especially foods or medicines, manufactured and sold by businesses rather than made at home.

Questionnaire

A research instrument consisting of a series of questions for the purpose of gathering information from respondents.