What are cover and commodity charges?
Cover charge is the fixed service charge which is levied by the service provider. A commodity charge is the separate charge levied on the per-unit consumption of the product/service.
Economics
You might also like to view...
When a telemarketer calls you about a product, this is an example of
A) direct marketing. B) indirect marketing. C) searching for a good. D) persuasive marketing.
Economics
After a binding price floor becomes effective, a
a. smaller quantity of the good is exchanged. b. a larger quantity of the good is demanded. c. a smaller quantity of the good is supplied. d. All of the above are correct.
Economics