Pricing the Calculation of Only Those Costs That Are Likely

question 70

Multiple Choice

Pricing the calculation of only those costs that are likely to rise as output increases is referred to as which of the following?

• A)Output cost
• B)Variable costs
• C)Full cost
• D)Marginal cost

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Definitions:

Chart Tip

A brief explanatory note or data label that appears when a user hovers over or selects an element within a chart.

Legend

A key or explanation of symbols and colors used in charts, maps, or diagrams.

Ribbon Commands

UI elements in software, particularly Microsoft applications, that group commands and features under tabs on the ribbon toolbar.

Toggles

Buttons or switches that can be clicked or pressed to alternate between two or more states or modes.