Question: A company's relevant range O has a lower limit depending on how much capacity the company has and how much the market demands the product.

A company's relevant range O has a lower limit depending on how much capacity the company has and how much the market demands the product. is a band of activity with a specific relationship between activity levels and the cost being measured, where fixed cost can vary and variable costs are fixed. O is unlimited with regards to production capacity. is a band of activity with a specific relationship between activity levels and the cost being measured, where fixed cost remain fixed and variable costs per unit are constant

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