Multiple Choice
For a passenger railroad company, the cost incurred to sell an additional ticket for a seat in a train is an example of:
A) variable cost
B) semi-variable cost
C) fixed cost
D) marginal cost
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Marketing's task in helping maximise ARGE involves
Q17: For many consumers, there is an implicit
Q18: An accurate definition of yield management is,
Q19: Price setting is totally within the company's
Q20: A florist which specialises in wedding arrangements
Q22: Consumer perception is one of the factors
Q23: Using the information in Table 6.6, develop
Q24: Assume that you are running a medical
Q25: Psychological costs to the customer can be
Q26: Building rent is an example of:<br>A)variable cost<br>B)semi-variable