Which of the Following Is a Fixed Cost

question 178

Multiple Choice

Which of the following is a fixed cost?

• A)payment to hire a security worker to guard the gate to the factory around the clock
• B)wages to hire assembly line workers
• C)payments to an electric utility
• D)costs of raw materials

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Definitions:

Gap Between Rich And Poor

A term describing the widening disparity in wealth and income between the wealthiest and the poorest segments of a population.

Richest 20%

The segment of a population that holds the highest 20% of wealth or income.

Poorest 20%

Refers to the lowest quintile in an income distribution, representing the 20% of the population with the lowest income.

Faith Ringgold

Faith Ringgold is an American artist known for her narrative quilts that address issues of race, gender, and politics in the United States, blending visual art with story-telling.