A cost that contains both variable and fixed cost elements is a(n) ______ cost. Multiple choice question. opportunity semifixed sunk mixed

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Based on the information given, it can be deduced that the cost that's described is D. mixed cost.

What is a mixed cost?

It should be noted that a mixed cost simply means a cost that contains both a fixed cost component and a variable cost component.

In business, it is important to understand the mix of these elements of a cost in order for one to be able to predict how costs will change with different levels of activity.

In conclusion, the correct option is mixed cost.

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