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Which of the Following Statements Is TRUE About Fixed and Variable

Question 173

Multiple Choice

Which of the following statements is TRUE about fixed and variable costs?


A) Variable costs are constant in total and fixed costs are constant per unit.
B) Both costs are constant when considered on a total basis.
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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