Question: A company observed a decrease in the cost per unit. All other things being equal, which of the following is most likely true? 1. The

A company observed a decrease in the cost per unit. All other things being equal, which of the following is most likely true?

1. The company is studying a variable cost, and total volume has increased.

2. The company is studying a variable cost, and total volume has decreased.

3. The company is studying a fixed cost, and total volume has increased.

4. The company is studying a fixed cost, and total volume has decreased.

5. The company is studying a fixed cost, and total volume has remained constant.

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