Which of the Following Statements Is TRUE About Fixed and Variable

question 173

Multiple Choice

Which of the following statements is TRUE about fixed and variable costs?

• A)Variable costs are constant in total and fixed costs are constant per unit.
• B)Both costs are constant when considered on a total basis.
• C)Both costs are constant when considered on a per-unit basis.
• D)Fixed costs are constant in total and variable costs are constant per unit.

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Definitions:

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