Which of the Following Companies Would Have the Highest Proportion

question 76

Multiple Choice

Which of the following companies would have the highest proportion of variable costs in its cost structure?

• A)Public utility.
• B)Airline.
• C)Fast food outlet.
• D)Architectural firm.

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Definitions:

Public Sector

The part of the economy that is controlled by the government, encompassing public services and enterprises.

Private Sector

The part of the economy that is owned and operated by individuals and companies for profit, not controlled by the state.

Bidding

The act of offering a specific price for something, especially in the context of an auction or public sale.

Marketing Contracts

Agreements between businesses and marketing services or platforms detailing the scope, performance metrics, and payment for marketing efforts.