Total cost is the cost of all expenditures incurred by a firm. Total fixed cost is the cost of the total costs - the cost of variable inputs, prime cost and direct cost. Total variable cost is cost of the total cost - the cost of total fixed cost.
Correct option is A.
"Appraisal" refers to the cost associated with getting a statement of the property value when buying a home.
An appraisal is a professional examination of real or personal property to determine its market value.
An appraisal is an unbiased professional opinion of a home's value and is used whenever a mortgage is involved in buying, refinancing, or selling that property.
The authorized appraiser must have a designation from a regulatory body governing the jurisdiction of the appraiser.
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