02 What is meant by ‘total cost’? [2]

Ch 19 Costs, scale of production and break-even
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02 What is meant by ‘total cost’? [2]

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02 What is meant by ‘total cost’? [2]


Possible KN Points:
Sum of (total) fixed cost plus (total)
variable costs
Sum of (total) direct and (total) indirect costs
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