A Cost That Remains Constant on a Per Unit Basis

question 119

Short Answer

A cost that remains constant on a per unit basis within the relevant range is a ____________________ cost.

---

Definitions:

Undue Influence

An improper or unfair persuasion that compels someone to act against their will or best interest, often affecting legal agreements or decisions.

Rescission

The legal revocation, cancellation, or repeal of a contract, returning all parties to their state prior to the agreement.

Misrepresentation

The act of providing false or misleading statements that induce someone to enter into a contract.

Fraudulent

Involving deceit, trickery, or breach of confidence, intended to gain an unfair or unlawful advantage.