Which of the Following Is the Best Example of a Variable

question 55

Short Answer

Which of the following is the best example of a variable cost? a. Monthly loan payment on a plant generator.
B) Labor cost for plant employees.
C) Lease payment for the office copy machine.
D) General manager's salary.

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Definitions:

Model

A representation, often simplified, that is used to demonstrate or explain complex processes, structures, or concepts.

Buyer Behavior

The actions and decision-making processes of individuals or groups as they purchase goods or services.

Organizational Buying Process

The problem-solving procedure the firm uses to meet its goals and objectives as it relates to making purchases.

Decision Criteria

involves the standards or benchmarks used to evaluate options and make choices, particularly in business or policy decisions.