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Author Question: Suppose your cell phone company offers a plan under which you buy time per minute. A one-minute call ... (Read 42 times)

shivanipalawai@gmail.com

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Question 1

Suppose your cell phone company offers a plan under which you can buy time in blocks of 100 minutes. Every 100-minute block costs $15. If you use 101 minutes you will pay $30. This is an example of a
◦ variable cost
◦ mixed cost.
◦ fixed cost.
◦ step cost.

Question 2

Suppose your cell phone company offers a plan under which you buy time per minute. A one-minute call costs you $0.10. If you talk 100 minutes it costs you $10. This is an example of a
◦ variable cost
◦ mixed cost.
◦ fixed cost.
◦ step cost.


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Marked as best answer by shivanipalawai@gmail.com on Feb 5, 2023

bigboya

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shivanipalawai@gmail.com

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Reply 2 on: Feb 5, 2023
Excellent


lindahyatt42

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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