The Reason That Total Cost Rises with Output Is That

question 125

Multiple Choice

The reason that total cost rises with output is that ______ cost is rising.

• A)variable
• B)fixed
• C)marginal
• D)All of these choices are correct.

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Definitions:

Assets

Resources owned by a company, providing future economic benefits, including cash, inventory, and property.

Inadvertently Omitted

Accidentally left out or not included, typically referring to information or details that were missed unintentionally.

Depreciation Expense

The allocation of the cost of a tangible fixed asset over its useful life, reflecting the decrease in value over time.

Balance Sheet

A statement presenting a snapshot of a company’s financial position, including assets, liabilities, and shareholders’ equity.