Butterflies and Blooms,a New Florist in Town,is Attempting to Maximize

question 68

Multiple Choice

Butterflies and Blooms,a new florist in town,is attempting to maximize profits but knows the company cannot charge too much for its bouquets in this market.As the company explores locations,the florist notes rent,property taxes,and parking.These are examples of ________ costs.

• A)acquisition
• B)procurement
• C)fixed
• D)variable
• E)marginal

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Definitions:

Running Into

Encountering or unexpectedly meeting someone or something.

Negative Punishment

A behavior modification technique involving the removal of a desirable stimulus to decrease the frequency of an unwanted behavior.

Foul Language

The use of offensive, rude, or vulgar words and phrases in speech or writing.

Weekly Allowance

A fixed amount of money given on a weekly basis, often from parents to children, as a way of teaching financial responsibility.