HiPoint Telephone Company uses two- part pricing for its long- distance call charges.Because this is a service,the price is broken into a fixed fee plus a(n).
A)market usage rate
B)variable usage rate
C)fixed usage rate
D)optional usage rate
E)standard usage rate

Question

Quizplus · Accepted Answer

Two-part pricing involves a fixed fee and a variable fee that is based on the level of usage. In this case, the fixed fee would be the same regardless of how many long-distance calls are made, while the variable fee would increase based on the amount of usage. Therefore, option B, "variable usage rate," is the best choice.

HiPoint Telephone Company Uses Two- Part Pricing for Its Long-