Question: 1. Describe and Explain the ff: -Describe how total variable costs and unit variable costs behave with changes to the level of activity. -Describe how
1. Describe and Explain the ff:
-Describe how total variable costs and unit variable costs behave with changes to the level of activity. -Describe how total fixed costs and unit fixed costs behave with changes in the level of activity. -If fixed costs increase, what would be the impact on the (a) contribution margin (b) income from operations?
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