16. What is an example of a variable cost in a major league baseball franchise?

a. stadium rent

b. manager's salary

it

c. stadium maintenance

d. ticket-takers' salaries

Answer:b

Manager's salary it is an example of a variable cost in a major league baseball franchise

b. manager's salary it

Explanation:

Fixed cost and Variable cost are the two main pillars of a company's economy. The cost which are always fixed and won't vary depending on other factors are called Fixed cost. Variable cost are not fixed and it may vary depending on factor like sale of tickets.

In case of a league baseball franchise the variable cost would be the manager's salary. The rent of the stadium, salary of a ticket-takers' salaries , stadium maintenance charge for the match won't change and it comes under Fixed cost.