Cellpoint Uses Two-Part Pricing for Its Long-Distance Call Charges

question 140

Multiple Choice

Cellpoint uses two-part pricing for its long-distance call charges. Because this is a service, the price is broken into a fixed fee plus a(n) ________ usage rate.

• A) fixed
• B) variable
• C) standard
• D) market
• E) optional

---

Definitions:

Handheld Calculator

A small, portable electronic device used for performing mathematical calculations, ranging from basic arithmetic to complex computations.

Made a Mistake

An action or judgment that is misguided or wrong, often leading to undesirable outcomes.

Binomial Effect Size Display

A statistical method used to demonstrate the effect size of a binary outcome in a more understandable way for practical significance.

Correlation

describes a statistical measure that expresses the extent to which two variables change together, indicating a possible relationship between them, but not causation.