Question

Arun's Autoshop total cost can be
expressed by the equation
TC = 50+ 10Q² where Q is the
quantity of repairs made by
autoshop which is the false
statement​

Answer 1

Answer:

ake the scare out of auto repair with these tips about how your vehicle works, how to ... Make sure the shop will honor your vehicle's warranty.

Answer 2

Total cost:

• Total cost is the sum of all expenses incurred to produce an output of any kind. From an accounting standpoint, financial reporting, where overhead costs must be allocated to specific assets, is where the total cost approach is more useful. Short-term decision-making, when it is more likely that only variable costs would be taken into account, makes total cost less relevant. It provides the most thorough picture of invested money overall.
• Total cost is the sum of all expenses associated with an item, including fixed costs, variable costs, and mixed costs. For instance, the total cost of a product line comprises not only the variable cost of the items sold, but also the expenses related to marketing the items, operating the production line where the items are produced, and repairing items under the company's warranty policy. Total cost is the phrase used to describe the total cost of ownership, which takes into account an asset's initial purchase price as well as the costs of continuous operations, maintenance, and repairs. When there are multiple assets to choose from, this method offers a more thorough perspective.

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