Step Costs Are Fixed Over Only a Small Range of Activity.Once

question 170

Multiple Choice

Step costs are fixed over only a small range of activity.Once that level of activity has been exceeded,total cost

• A)Increases because the excess costs become variable.
• B)Increases and remains constant over another small range of activity.
• C)Remains the same regardless of activity.
• D)None of these ans choices is correct.

---

Definitions:

Data Collection

The systematic gathering and measuring of information from various sources to gain insights and make informed decisions.

Quantitative Models

Mathematical or statistical models used to represent reality, predict outcomes, or explain relationships among variables.

Historical Data

Information collected from past events and circumstances, used as a reference or for analysis to plan for future activities.

Significant Transition

A major change or shift in an organization, situation, or individual's life or career path.