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
A)variable cost
B)mixed cost.
C)fixed cost.
D)step cost.

Question

Quizplus · Accepted Answer

Variable cost changes with the level of activity or usage, and in this case, the cost of the phone call increases with the number of minutes used, making it a variable cost.

Suppose Your Cell Phone Company Offers a Plan Under Which