A Fixed Cost Is

question 11

Multiple Choice

A fixed cost is

• A)the cost of any input with a fixed price per unit.
• B)a cost which increases in a fixed proportion as output increases.
• C)a cost the firm must pay even if output is zero.
• D)both b and c
• E)all of the above

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Definitions:

Restrictive Clothing

Garments that are tight enough to limit the range of motion or cause discomfort.

Jerking Movements

Involuntary muscle movements that can be abrupt and can occur as a symptom of various neurological disorders.

Siderails

Safety bars attached to the sides of hospital beds, used to prevent patients from falling and to assist in repositioning themselves in bed.

Cataracts

A medical condition where the lens of the eye becomes progressively opaque, resulting in blurred vision and potentially blindness if left untreated.