Which of the Following Is True with Regard to Fixed

Multiple Choice

Which of the following is true with regard to fixed costs and variable costs?

A) Fixed costs are those costs that remain constant regardless of the volume produced.
B) Variable costs are those costs that remain constant irrespective of the output level.
C) Variable costs are those costs that remain constant regardless of the time of manufacture.
D) Variable costs are those costs that remain constant regardless of the price of the product.