Which of the Following Statements Is True Regarding Fixed and Variable

question 60

Multiple Choice

Which of the following statements is true regarding fixed and variable costs?

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

---

Definitions:

Occasional Drinker

A person who consumes alcoholic beverages infrequently or in moderation.

Tax-Supported School Systems

Public education systems funded primarily through taxation, providing free or subsidized schooling to children in the community.

Liberia

A country in West Africa known for being founded by freed American and Caribbean slaves in the 19th century.