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________ Are the Sum of the ________ and ________ for Any

Question 24

Multiple Choice

________ are the sum of the ________ and ________ for any given level of production.


A) Fixed costs;variable;total costs
B) Fixed costs;total;variable costs
C) Variable costs;fixed;total costs
D) Total costs;fixed;variable costs
E) Breakeven costs;fixed;total costs

Correct Answer:

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