Costs That Have Both Variable and Fixed Components Are Called

question 104

Multiple Choice

Costs that have both variable and fixed components are called ________.

• A) fixed costs
• B) variable costs
• C) mixed costs
• D) contribution costs

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Definitions:

Volatile

Characterized by or subject to rapid or unexpected change, especially in relation to emotions or reactions.

Characterized by Warmth

Described or distinguished by a friendly, affectionate, or kindly nature.

Closeness

The degree of intimacy or emotional connection between individuals.

Sharing

The act of giving a portion of what one has to others, encompassing both physical items and intangible aspects like thoughts and feelings.