Which of the Following Would Be a Likely Mathematical Expression

question 49

Multiple Choice

Which of the following would be a likely mathematical expression for Total Variable Cost? ​ ​

• A)Total Variable Cost = Production Volume × Revenue per Unit
• B)Total Variable Cost = Material Cost per Unit × Labor Cost per Unit
• C)Total Variable Cost = Total Cost - (Material Cost per Unit + Labor Cost per Unit)
• D)Total Variable Cost = (Material Cost per Unit + Labor Cost per Unit) × Production Volume

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Definitions:

Back-arc Basin

A geological feature located behind a volcanic arc, formed by the stretching and sinking of an oceanic plate.

Trench

Long, narrow, and deep depressions on the ocean floor, often occurring at the boundaries between tectonic plates.

Philippine Sea

A section of the western Pacific Ocean east of the Philippines, notable for its depth and marine biodiversity.

Island Arc

A chain of volcanic islands that form along a convergent tectonic plate boundary, typically where an oceanic plate subducts beneath another oceanic plate.