Multiple Choice
If the Malabar Yacht Club expense includes a rent of $2,000 plus a charge of $40 per member and the club has 80 members,
A) fixed costs amount to $2,000 and variable costs amount to $3,200.
B) fixed costs amount to $3,200 and variable costs amount to $2,000.
C) all costs are fixed.
D) all costs are variable.
E) cannot be determined.
Correct Answer:

Verified
Correct Answer:
Verified
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