The cost incurred by using both fixed and variable factors in production is called? by Sunday | May 26 | Economics WAEC | 0 comments A. marginal cost B. fixed cost C. total cost D. average cost Correct Answer: Option C C. total cost Users Also Read These:The variable which is both a control and an element…If the total fixed cost is the same regardless of…The cost incurred by departments that support the…If the fixed cost of a firm is 800.00 Naira and it's…Given that the total fixed cost is N1,000, total…