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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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