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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 8: Determining How Costs Behave
  5. Question
    Costs in a Step Cost Function Increase by Discrete Amounts
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Costs in a Step Cost Function Increase by Discrete Amounts

Question 44

Question 44

True/False

Costs in a step cost function increase by discrete amounts as the level of activity increases from one range to the next.

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