The Sum of the Expenses of a Firm That Is

question 150

Multiple Choice

The sum of the expenses of a firm that is stable and does not change with the quantity of the product that is produced and sold is referred to as

• A)total cost.
• B)fixed cost.
• C)variable cost.
• D)marginal cost.
• E)inelastic costs.

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Definitions:

Trigger

An event, situation, or emotion that initiates or causes a specific reaction or response.

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The mathematical operation of increasing one number by another to get a product.

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Stressful Event

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