Regarding Overhead Costs, as Volume Increases

question 117

Multiple Choice

Regarding overhead costs, as volume increases:

• A) Unit fixed cost increases, unit variable cost decreases.
• B) Unit fixed cost decreases, unit variable cost increases.
• C) Unit variable cost decreases, unit fixed cost remains constant.
• D) Unit fixed cost decreases, unit variable cost remains constant.
• E) Both unit fixed cost and unit variable cost remain constant.

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Definitions:

Institutional Review Board

A committee that reviews research proposals to ensure ethical standards are met and participants are protected.

IRB

Institutional Review Board, a committee that reviews and approves research involving human participants to ensure ethical standards.

Federal Funds

Monetary reserves transferred between banks to meet minimum reserve requirements or to lend to other banks, often used in the context of the Federal Reserve in the United States.

No Risk Research

Research that involves no foreseeable risk to the participants beyond the normal stresses of daily life.