What is the sum of total variable costs and total fixed costs?

Name: What is the sum of total variable costs and total fixed costs?
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Question

Quizplus · Accepted Answer

The sum of total variable costs and total fixed costs is equal to total cost. This is because total cost includes both fixed and variable costs, and the sum of the two gives us the total cost of producing a certain quantity of output. Therefore, the correct answer is option C.

What Is the Sum of Total Variable Costs and Total