Question: The difference between fi xed costs and variable costs is that a. fi xed costs vary with quantity produced. b. variable costs depend upon the

The difference between fi xed costs and variable costs is that

a. fi xed costs vary with quantity produced.

b. variable costs depend upon the quantity produced.

c. there is no difference.

d. variable costs are included in profi t maximization while fi xed costs are not.

e. none of the above.

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