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Renting a scooter and paying $30 per day plus $.20 per mile driven is an example of what type of cost

1 Answer

6 votes

Answer:

C. Mixed cost

Step-by-step explanation:

Here are the options to this question :

A. Conversion cost

B. Fixed cost

C. Mixed cost

D. Variable cost

Mixed cost is cost that contains both variable and fixed costs

Fixed cost is cost that doesn't vary with output. Fixed cost in this question is $30. It does not vary with miles driven

Variable cost is cost that varies with output. Variable cost in this question is $0.2. It varies with miles driven

User Vedavyas Bhat
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