Deducting the total variable cost from the total cost results in the

Name: Deducting the total variable cost from the total cost results in the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Deducting the total variable cost from the total cost results in the fixed cost. Fixed costs are expenses that remain constant regardless of the level of production, while variable costs change with the level of production. Subtracting the variable cost from the total cost isolates the fixed cost.

Deducting the Total Variable Cost from the Total Cost Results