45.A change in total cost caused by adding one more unit to the production total is called: A. Fixed cost. B. Variable cost. C. Marginal cost D. Total cost
Question
Solution 1
Break Down the Problem
- Identify the core concept being asked in the question.
- Evaluate the options provided.
Relevant Concepts
- Fixed Cost: Costs that do not change with the level of production or sales.
- Variable Cost: Costs that vary with the level of production.
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