Examples of Fixed Costs Include All but One of the Following

question 83

Multiple Choice

Examples of fixed costs include all but one of the following:

• A)cost of factory rent for the 12 month contract term.
• B)cost of Janet's apartment rent during her 3^rd year of university.
• C)cost of a car rental which includes a fee per km driven.
• D)a one-week rental of a carpet cleaning machine.

---

Definitions:

Buyer Profile

A detailed description of the ideal customer for a product or service, including demographic, psychographic, and behavioral characteristics.

Buyer Persona

A semi-fictional character created to represent the ideal customer, based on market research and real data about existing customers.

Product Application

The specific use or purpose to which a product is put in service by the end-user or customer.

Profitability

A financial metric used to assess the ability of a company to generate income relative to its revenue, assets, or shareholders' equity over time.