The Formula for Expressing the Total of a Fixed, Variable

question 30

Multiple Choice

The formula for expressing the total of a fixed, variable, or mixed cost at any level of activity is:

• A)total cost = fixed cost + (variable rate × volume of activity).
• B)total cost = fixed cost × volume of activity.
• C)total cost = fixed cost × variable rate.
• D)total cost = fixed cost - variable cost.

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Definitions:

Drive-Reduction Theory

A theory of motivation stating that behavior is motivated by the desire to reduce internal drives, such as hunger or thirst, that cause physiological discomfort.

Homeostasis

The process by which a stable internal environment is maintained within an organism, regardless of external changes.

Reduce Drives

The psychological concept of decreasing or satisfying basic physiological or psychological needs to reach a state of equilibrium.

Sociological Perspective

An approach to understanding human behavior by placing it within its broader social context, considering how society influences individuals and groups.