As Output Increases, Total Cost ________, Total Fixed Cost ________

question 24

Multiple Choice

As output increases, total cost ________, total fixed cost ________, and total variable cost ________.

• A) increases; increases; increases
• B) increases; increases; does not change
• C) increases; does not change; increases
• D) does not change; increases; increases

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Definitions:

Sales Promotion

Short-term marketing strategies aimed at stimulating consumer demand or improving product availability to boost sales, such as discounts, coupons, or special offers.

Public Relations

The method of strategic communication that fosters beneficial connections between organizations and their audience.

Encoding

The process of converting ideas or messages into verbal, written, or visual formats to communicate effectively with a target audience.

Decoding

The process by which the receiver interprets and tries to make sense of the message sent by the sender in communication.