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Question

What is the full form of TVC? Find the Answer at BYJU'S


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Solution

TVC stands for Total Variable Cost. It is the aggregate of all costs that changes in relation to the cost incurred by a business for the total production done during a given period.

Also read:

How to Calculate Total Variable Cost

Fixed Cost Vs Variable Cost

Learn about more questions and answers on business studies and various other commerce topics from our website.


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