Which of the following is an example of a variable cost?

A) insurance premiums
B) real estate taxes
C) unit-based incentives
D) inventory
E) mortgage payments

Answer: C
Explanation: Variable costs are business costs that increase with the number of units produced. Unit-based incentives lead to variable costs.

Business

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Chinese people have a tendency to communicate more directly than Americans.

a. true b. false

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Which of the following is not true about a hydraulic elevator system?

a. the car is mounted on a giant piston b. counterweights help the elevator move up and down c. oil pumped into a cylinder raises the elevator d. it can only be used in a building of six stories or less

Business