What Is Characteristic of Step Costs

question 8

Multiple Choice

What is characteristic of step costs?

• A)remain the same within the relevant range
• B)have an increased fixed component at specified intervals
• C)increase in direct proportion to increases in output
• D)decrease in direct proportion to increases in output

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Definitions:

Reliable Cables

Cabling systems known for their durability, consistent performance, and low failure rate, often used in telecommunications and data transmission.

Cluster Sample

A sampling method where the population is divided into clusters, and a random sample of these clusters is chosen for analysis.

Rows

In the context of data, rows represent individual records or observations in a database or table.

Average Age

The mean age of a group of individuals, calculated by adding their ages together and dividing by the total number of individuals.