Two Types of Costs That Each Combine Fixed Cost and Variable

question 13

Multiple Choice

Two types of costs that each combine fixed cost and variable cost behaviors are ________ and ________.

• A) capacity costs; incremental costs
• B) semi-fixed costs; semivariable costs
• C) composite costs; average costs
• D) step costs; mixed costs

---

Definitions:

Finding

The process or result of discovering information, insights, or objects that were not previously known or recognized.

Identify Opportunities

The process of recognizing and evaluating potential avenues for growth, investment, or enhancement in various contexts.

Environment

The surrounding conditions in which a person, plant, or animal operates, including natural, social, and cultural factors.

Alertness

The ability to be quick to notice and respond to potential opportunities or threats.