Answer :
A cost with the characteristics of both a variable cost and a fixed cost is called d. mixed cost.
What is a mixed cost?
A mixed cost is a cost consisting of a mixture of fixed and variable elements.
For a mixed cost, the costs are fixed at a certain level of output or consumption and then become variable after this level.
Thus, a cost with the characteristics of both a variable cost and a fixed cost is called d. mixed cost.
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