Variable Costs Include All of the Following Except

question 107

Multiple Choice

Variable costs include all of the following except:

• A) property taxes.
• B) direct labor.
• C) sales commissions.
• D) annual rent.

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Definitions:

Market Situations

Various conditions or contexts in which buying and selling occur, affecting pricing and availability of goods and services.

Excise Tax

A tax applied to specific goods, services, or activities, either as a flat amount per unit or as a percentage of the price, used to raise revenue or discourage consumption.

Output

The total amount of goods or services produced by a business, industry, or economy within a specific period.

Producers

Entities or individuals that create goods or services for sale or exchange in a market.