A Car Lease Payment Is Computed Based Solely on the Number

question 4

Multiple Choice

A car lease payment is computed based solely on the number of miles driven.This is an example of a ________.

• A) variable cost
• B) mixed cost
• C) step cost
• D) stair cost

---

Definitions:

Supply Curve

A graph showing the relationship between the price of a good and the amount of it that producers are willing to supply.

Tomatoes

A red or yellowish fruit with a juicy pulp, used as a vegetable in cooking or eaten raw.

Substitutes

Products or services that can be used in place of each other, affecting demand when prices change.

Hot Dogs

A sausage that's been grilled or steamed, typically nestled within a sliced roll, forming a sandwich.