Which of the Following Statements Is True of Fixed and Variable

question 21

Multiple Choice

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

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

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Definitions:

Test Scores

Numerical outcomes derived from assessments designed to measure a person's knowledge, abilities, or performance in a specific area.

Skewed

Skewed describes a distribution that is asymmetrical and not balanced, often with a longer tail on one side of the peak than on the other.

Distribution

In statistics, the way in which values in a dataset are spread or dispersed across the range of possible values.

Mean

In statistics, it is the average of a set of numbers, calculated by dividing the sum of the values by the count of numbers.