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Choose from the Terms Listed and Match Them with Their

question 11

Multiple Choice

Choose from the terms listed and match them with their most correct description. You may use the same answer more than once.
-The scrub person performs hand antisepsis or scrub


Definitions:

Marginal Cost

The increase in cost that results from producing one additional unit of a good or service.

Fixed Cost

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance, providing a base cost for operating a business.

Total Cost

The sum of all funds utilized in the production of goods or services, including both fixed and variable costs.

Marginal Cost

The rise in overall manufacturing expenses resulting from the creation of an extra unit.

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