Fixed Costs That Do Not Differ Between Two Alternatives Are

question 247

Multiple Choice

Fixed costs that do not differ between two alternatives are

• A)irrelevant to the decision.
• B)considered opportunity costs.
• C)relevant to the decision.
• D)important only if they represent a material dollar amount.

---

Definitions:

General Agreement

A broad consensus or collective understanding reached by different parties on a specific set of terms or conditions.

Trade Barriers

Restrictions that governments place on international trade to protect domestic industries or to affect the balance of trade.