Within the relevant range: a. both total variable costs and total fixed costs will remain constant. b. both total variable costs and total fixed costs fluctuate. c. fixed costs per unit will remain constant and variable costs per unit will fluctuate. d. variable costs per unit will remain constant and fixed costs per unit will fluctuate.
Within the relevant range: a. both total variable costs and total fixed costs will remain constant. b. both total variable costs and total fixed costs fluctuate. c. fixed costs per unit will remain constant and variable costs per unit will fluctuate. d. variable costs per unit will remain constant and fixed costs per unit will fluctuate.
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 14MC: Which of the following statements is true regarding average fixed costs? A. Average fixed costs per...
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Within the relevant range:
a. both total variable costs and total fixed costs will remain constant.
b. both total variable costs and total fixed costs fluctuate.
c. fixed costs per unit will remain constant and variable costs per unit will fluctuate.
d. variable costs per unit will remain constant and fixed costs per unit will fluctuate.
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