The formula,Electricity cost = $10 + $0.08 x kwh used is the formula for a
A)Mixed cost.
B)Fixed cost.
C)Step cost.
D)None of these ans choices is correct.

Name: The formula,Electricity cost = $10 + $0.08 x kwh used is the formula for a A)Mixed cost. B)Fixed cost. C)Step cost. D)None of these ans choices is correct.
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Question

Quizplus · Accepted Answer

The formula includes a fixed cost of $10 and an additional cost per unit of kilowatt hour used. This combination of fixed and variable costs makes it a mixed cost formula.

The Formula,Electricity Cost = $10 + $0