A Cost That Changes as Volume Changes, but at a Nonconstant

question 59

Multiple Choice

A cost that changes as volume changes, but at a nonconstant rate, is called a:

• A) Step-wise variable cost.
• B) Curvilinear cost.
• C) Variable cost.
• D) Differential cost.
• E) Fixed cost.

---

Definitions:

Private-label Brands

Private-label Brands are products that are manufactured by one company but branded and sold under another company's brand, often seen in supermarket own-brand products.

Retaining

The process of keeping customers or employees engaged and continuing to use or work for an organization or service over time.

Label

A piece of information attached to a product or service that provides details about its origin, use, care, and disposal, often required by regulatory authorities.

Marketer

A person or company involved in promoting, selling, and distributing a product or service.