Question: Select the correct words in the following sentence. The basic principle of cost behaviour is that as the level of activity rises, costs will usually
Select the correct words in the following sentence.
The basic principle of cost behaviour is that as the level of activity rises, costs will usually
(a) rise/fall/stay the same. In general, as activity levels rise, the variable cost per unit will
(b) rise/fall/stay the same, the fixed cost per unit will (c)
rise/fall/stay the same and the total cost per unit will
(d) rise/fall/stay the same.
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