A Cost That Remains Constant Over a Limited Range of Volume

question 91

Multiple Choice

A cost that remains constant over a limited range of volume, but increases by a lump sum when volume increases beyond a maximum amount, is a(n) :

• A) Step-wise cost.
• B) Fixed cost.
• C) Curvilinear cost.
• D) Incremental cost.
• E) Opportunity cost.

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External Environment

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