A Telephone Bill,which Includes a Monthly Base Rate Plus an Extra

question 114

True/False

A telephone bill,which includes a monthly base rate plus an extra fee for each local and long-distance call is an example of a variable cost.

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Definitions:

CCC

The Civilian Conservation Corps, a public work relief program that operated in the United States for unemployed, unmarried men during the Great Depression, part of the New Deal.

Agricultural Adjustment Administration

A New Deal agency established in 1933 to improve agricultural prices by controlling production, often through paying farmers not to plant on part of their land.

Sharecroppers

Farmers who rent small plots of land to farm and in return, they give a portion of their crop yield to the landlord as rent.

Landlords

Individuals or entities that rent land, buildings, or housing to tenants for a specified period under a lease agreement.