Expenses like rent, property taxes, and utilities are variable costs.

Variable Costs

Expenses that change in proportion to the activity or volume of production in a business.

Rent

A payment made periodically by a tenant to a landlord in exchange for the use of land, a building, or other property.

Property Taxes

Taxes levied by local governments based on the assessed value of real estate property.

Acquire knowledge about the fiscal facets of marketing, including the analysis of breakeven points and pricing tactics.

Verified Answer

Final Answer :

False

Explanation :

These are examples of fixed costs because they do not change with the level of production or sales activities within a certain range.

Learning Objectives

Acquire knowledge about the fiscal facets of marketing, including the analysis of breakeven points and pricing tactics.