Question: 5 A step cost: 3 Multiple Choice points O is a fixed cost over the relevant range and a variable cost everywhere else. O contains

 5 A step cost: 3 Multiple Choice points O is afixed cost over the relevant range and a variable cost everywhere else.

5 A step cost: 3 Multiple Choice points O is a fixed cost over the relevant range and a variable cost everywhere else. O contains both fixed and variable components. O increases in direct proportion to changes in activity.

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