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George Enjoys Video Gaming

question 11

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George enjoys video gaming.He seems to know everything there is to know about the various gaming systems on the market and the newest, hottest games.George not only plays video games but he also runs his own Internet blog about video games, and he has started a video club in neighborhood.George is most clearly:


Definitions:

Variable Cost

Costs that vary in direct proportion to changes in levels of production or business activity, such as materials and labor.

Fixed Cost

A cost that does not change with the volume of sales.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.

Variable Costs

Costs that vary directly with the level of production or sales, such as materials and labor.

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