Fixed Costs I.are Not fiXed Forever

question 2

Multiple Choice

Fixed costs I.are not fixed forever.
II) must be paid even if production is halted.
III) are generally affected by the amount of fixed assets owned by a firm.
IV) per unit remain constant over a given range of production output.

• A)I and III only.
• B)II and IV only.
• C)I, II, and III only.
• D)I, II, and IV only.
• E)I, II, III, and IV.