Assume you are planning a spring break ski trip to Colorado.You are preparing a budget of your costs.You are staying at a lodge that has a special where the lodge charges you $25 for the first 30 ski lift rides and an additional charge of $5 for each ride in excess of 30.You believe you will ride the ski lift 40 times during the week,so you budget $75.The ski lift charge is an example of a
A)Fixed cost.
B)Variable cost.
C)Mixed cost.
D)Step cost.

Question

Quizplus · Accepted Answer

The ski lift charge is a mixed cost because it includes a fixed component ($25 for the first 30 rides) and a variable component ($5 for each additional ride beyond 30).

Assume You Are Planning a Spring Break Ski Trip to Colorado.You