A car lease payment is computed based solely on the number of miles driven.This is an example of a ________.
A) variable cost
B) mixed cost
C) step cost
D) stair cost

Question

Quizplus · Accepted Answer

A car lease payment is computed based solely on the number of miles driven, which means that the cost varies depending on the number of miles driven. Therefore, it is an example of a variable cost.

A Car Lease Payment Is Computed Based Solely on the Number