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Suppose your cell phone company offers a plan under which you pay $15 for a 100-minute block. For each minute over 100 minutes you have

Suppose your cell phone company offers a plan under which you pay $15 for a 100-minute block. For each minute over 100 minutes you have to pay $0.10 per minute. This is an example of a

variable cost

step cost

mixed cost

fixed cost

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