Which of the Following Payments Would Be Considered a Variable

question 58

Multiple Choice

Which of the following payments would be considered a variable expense?

• A)rent
• B)installment loan payment
• C)mortgage payment
• D)payment on a car loan
• E)water bill

Recognize different approaches and frameworks in developing business models and CVPs.

Distinguish between business models, business plans, and their respective purposes and structures.

Identify the key elements involved in the infrastructure of a business model.

Appreciate the importance of customer segmentation and targeted marketing in business strategy.

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Definitions:

Supply Curve

A graphical representation that shows the relationship between the price of a good and the quantity supplied by producers.

Demand for DVDs

The total quantity of DVDs that consumers are willing and able to purchase at a given price level over a specific period of time.

Movie Tickets

Certificates or electronic codes that grant the holder the right to admission for viewing a film at a cinema.

Complementarity

A relationship between two goods where the use of one increases the value or demand for the other.