Question: 1. In what ways does an increase or decrease in volume affect . Unit variable cost Total variable cost Unit fixed cost Total fixed cost

1. In what ways does an increase or decrease in volume

1. In what ways does an increase or decrease in volume affect . Unit variable cost Total variable cost Unit fixed cost Total fixed cost 2. "In the long run, all costs are variable." Do you agree or disagree with this statement? Defend you answer. 3. Describe (not define) differential revenue and differential cost. What factors affect differential cost and revenue

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