An Example of a Variable Cost for a Cell Phone

question 139

Multiple Choice

An example of a variable cost for a cell phone manufacturer is

• A)units sold.
• B)the total costs of all cell phone produced.
• C)minutes talked.
• D)touch screens used in production.

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Definitions:

Premium

An amount paid for an insurance policy or an additional cost for an item or service that is of higher quality or offers more features than a standard version.

Sales Promotion Tool

Marketing strategies or devices designed to temporarily boost sales or attract customer interest.

Rebate

A refund given to consumers after they've purchased an item, often used as an incentive for sales.

Sales Promotion Technique

A marketing strategy designed to increase sales in the short term, often through discounts, coupons, or special offers.