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Which of the following regarding the hydrolysis of p-nitrophenyl acetate by chymotrypsin is correct?
Units Sold
The total number of product units that have been sold during a specific time period.
Marginal Cost
The cost of producing one additional unit of a product or service.
Fixed Costs
Costs that remain consistent regardless of the amount of goods produced or the level of business operations, including expenses like rent, salaries, and insurance fees.
Variable Costs
Expenses that change in proportion to the level of production or sales volume.
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