A Car Lease Payment Computed by the Number of Miles

question 170

Multiple Choice

A car lease payment computed by the number of miles driven can be identified as a:

• A) discretionary fixed cost
• B) mixed cost
• C) purely variable cost
• D) committed fixed cost

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Definitions:

Drive Theories

Theories in psychology that explain motivation as being driven by biological needs that demand satisfaction.

Approach Theories

A set of theories in psychology that focus on the motivations driving individuals towards certain behaviors or goals.

Empirical Evidence

Information acquired by observation or experimentation that is used to confirm or disprove a hypothesis or theory.

Homosexuality

A sexual orientation characterized by a romantic or sexual attraction to people of one's own sex.