Which One of the Following Is a Variable Cost in a Grocery

question 104

Multiple Choice

Which one of the following is a variable cost in a grocery store?

• A)rent
• B)president's salary
• C)inventory of vegetables
• D)property taxes
• E)administrative salaries

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Definitions:

Examining Data

The process of analyzing information or facts to draw conclusions or make decisions.

Central Tendency

A statistical measure that identifies the center of a data set, represented by mean, median, or mode.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Correlational Coefficient

A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the direction and strength of a relationship between variables.