Terminal Materialism Is the Acquisition of Things to Enable One

question 53

True/False

Terminal materialism is the acquisition of things to enable one to do something.

---

Definitions:

Variable Cost

Expenses that change in proportion to the activity of a business, such as production volume or units sold.

Fixed Cost

Costs that remain constant regardless of the amount of goods produced or sold, like lease payments or employee wages.

Variable Costs

Costs that change in proportion to the good or service that a business produces.

Per-unit Basis

A method of expressing costs, revenues, or other financial measures on a per unit of production, sale, or other relevant unit basis.