Dizzy Amusement Park is open from 8:00 am till midnight every day of the year. Dizzy charges its patrons a daily entrance fee of $30 per person which gives them unlimited access to all of the park's 35 rides. Dizzy gives out a free T-shirt to every 100th customer entering the park. The cost of this T-shirt would best be described as a:
A. step-variable cost
B. fixed cost
C. mixed cost
D. true variable cost
Answer: A
Business
You might also like to view...
Reasoning from a particular observation to a general conclusion is deductive reasoning
Indicate whether the statement is true or false
Business
The tendency of small firms to have higher returns than large firms , even after adjusting for risk, may be attributable to
A) representativeness. B) overconfidence. C) familiarity bias. D) loss aversion.
Business
Describe the steps that follow after the gap analysis is conducted
What will be an ideal response?
Business
________ is a motivational approach in which an organization's financial statements are shared with all employees.
A. Pay-for-performance B. Self-determination approach C. Open-book management D. I-Change model
Business