Solved

Which of the Following Is NOT a Correct Statement Concerning

Question 85

Multiple Choice

Which of the following is NOT a correct statement concerning cost behavior?


A) According to economics, in the long run, all costs are variable.
B) Variable costs increase in total in relation to the activity driver.
C) Unit fixed costs increase or decrease inversely in relation to the activity driver.
D) None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions