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Richard Hamilton has a fast-food franchise and must pay a franchise fee of $35,000 plus 3% of gross sales. In terms of cost behavior, the

Richard Hamilton has a fast-food franchise and must pay a franchise fee of $35,000 plus 3% of gross sales. In terms of cost behavior, the fee is a:

variable cost.

fixed cost.

step-fixed cost.

semivariable cost.

curvilinear cost.

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