A quasi-fixed cost of labor is a cost that
A) is expected to change over time.
B) is proportional to the number of hours worked.
C) is proportional to the number of workers hired.
D) is proportional to the amount of capital used.

Question

Quizplus · Accepted Answer

Quasi-fixed costs of labor are costs that do not vary with the number of hours worked but do vary with the number of workers hired, such as costs for hiring, training, or benefits.

A Quasi-Fixed Cost of Labor Is a Cost That