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Fixed, Variable, or Mixed costs Below are the various contracts available through Jiffy Car Rental. Identify whether the following costs are fixed (F), Variable (V),
Fixed, Variable, or Mixed costs Below are the various contracts available through Jiffy Car Rental. Identify whether the following costs are fixed (F), Variable (V), or mixed (M): 1. Contract
1: Contract of $50 for the day is a _____
2. Contract of $30 for the day plus $0.20 per mile traveled is a _____
3. Contract of $2 per mile traveled is a _____
4. Contract of $300 for unlimited miles for three days is a _____
5. Contract of $20 for 200 miles per day; miles over 200 miles/day are charged at $0.60 per mile is a _____
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