Multiple Choice
Use the following information to answer the following Questions
-Refer to the figure above. The vertical distance between the total cost line (Line B) and the total revenue line (Line A) represents:
A) fixed cost.
B) variable cost.
C) profit or loss at that volume.
D) semivariable cost.
E) the safety margin.
Correct Answer:
Verified
Correct Answer:
Verified
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