Which of the Following Are the General Classifications of Time

question 1

Multiple Choice

Which of the following are the general classifications of time elements in production?

• A)Floating
• B)Volatile
• C)Fixed
• D)Explosive
• E)Variable

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Definitions:

Consumers

Individuals or organizations that use or intend to use goods and services generated within the economy.

Utility

The total satisfaction or benefit that a consumer receives from consuming a good or service.

American Express

A multinational financial services corporation known for its credit card, charge card, and traveler's check businesses.

Utility

The total satisfaction or benefit received from consuming a good or service.