The Sum of the Fixed Costs and the Variable Costs

question 195

Multiple Choice

The sum of the fixed costs and the variable costs of producing a certain number of units is called the

• A) cost of goods sold.
• B) equilibrium cost.
• C) total cost.
• D) breakeven cost.
• E) total operating expense.

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Definitions:

Permanent State

A condition or status that does not change over time and remains constant indefinitely.

Despair

A profound sense of hopelessness, often accompanied by a loss of motivation and decreased emotional well-being.

Indifferent

Having no particular interest or sympathy; unconcerned or neutral towards something.

Psychological State

An individual's current mental condition or mind state, which can affect perceptions, emotions, and behavior.