When determining a cost structure for a business model, equipment lease payments would be an example of a _____ cost.
A) fixed
B) variable
C) semi-variable
D) static

Name: When determining a cost structure for a business model, equipment lease payments would be an example of a _____ cost. A) fixed B) variable C) semi-variable D) static
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Question

Quizplus · Accepted Answer

Equipment lease payments are typically a fixed cost as they do not fluctuate based on changes in production or sales levels.

When Determining a Cost Structure for a Business Model, Equipment