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Which of the Following Statements Is True of Fixed and Variable

Question 21

Multiple Choice

Which of the following statements is true of fixed and variable costs?


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