In economics, total cost is made up of variable costs + fixed costs. Variable costs (VC) are costs that change based on how many goods you produce or how much of a service you use. Fixed costs (FC) are costs that don't change from month to month and don't vary based on activities or the number of goods used.The formula to calculate total cost is the following: TC (total cost) = TFC (total fixed cost) + TVC (total variable cost). To unlock this lesson you must be a Study.com Member.he formula to calculate total cost is the following: TC (total cost) = TFC (total fixed cost) + TVC (total variable cost). To unlock this lesson you must be a Study.com Member.
The definition of microcredit that was adopted there was: Microcredit programmes extend small loans to very poor people for self-employment projects that generate income, allowing them to care for themselves and their families. Definitions deffer, of course, from country to country.
Micro-blading is a method of applying of semi-permanent make-up What is micro-blading? Micro-blading is a method of applying of semi-permanent make-up. Micro-blading is done by manually inserting pigment into the upper layers of skin to give the impression of fullness and shape to the eyebrows. It is done via a manual blade so strokes are sharp and crisp.