ECONOMICS

Detailed explanation-1: -One example of a mixed cost is a telephone bill: there is a flat charge (fixed cost), even if no calls are made, but the total telephone expense increases as calls (variable costs) are made.

Detailed explanation-2: -General Mixed Cost Examples Utilities including electricity, water and natural gas are usually mixed costs. You are charged a fixed rate for using a base amount and then pay an additional variable charge for any usage over the base amount.

Detailed explanation-3: -A telephone bill, which includes a monthly base rate plus an extra fee for each minute of long-distance service, is an example of a variable cost. Variable cost is a type of expense that is directly proportional to the quantity it is associated with.

Detailed explanation-4: -Some examples of fixed costs include: Rent. Telephone and internet costs.

Detailed explanation-5: -Telephone expenses are another example of a semi-variable cost.