ECONOMICS: PRINCIPLES AND PRACTICES Reteaching Activities
There are four types of cost. 1. is the cost that a business incurs even if there is no activity. 2. is a cost that changes when the business’s rate of operation or output changes. 3. is the sum of the fixed and variable costs. 4. is the extra cost incurred when a business produces one additional unit of a product. B. The break-even point is . ................
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