An Example of a Variable Cost for a Cell Phone

question 144

Short Answer

An example of a variable cost for a cell phone manufacturer is
A) Units sold.
B) Units produced.
C) Minutes talked.
D) Touch screens used in production.

• A) Units sold.
• B) Units produced.
• C) Minutes talked.
• D) Touch screens used in production.

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Definitions:

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Creditors' Meeting

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A legal process under the Bankruptcy Code involving the liquidation of an individual's or entity's assets to pay off creditors.

The Means Test

A method used to determine an individual's eligibility for certain types of financial assistance based on their income and assets.