QUESTION 13 OOOO Due to unexpected windfalls, nonprofit may have short- term surplus cash. They can put extra cash to good use by Investing in short-term vehicles Taking advantage of trade credit terms Neither a norb Both a and be 2.5 points Save Answer QUESTION 14 OOOO Total Fixed Cost Increases as quantity of output is increased, Curve is perfectly horizontal to x-axis, Total cost divided by quantity Cost of one more unit of output 2.5 points Save Answer QUESTION 15 Variable cost is Total cost divided by quantity Varies directly with output or volume Cost of producing one more unit Fixed cost marginal cost 2.5 points Save