Question: Fixed costs will often be irrelevant for short-term decision making because they: Are not committed. Are the same each time period. Do not vary on

Fixed costs will often be irrelevant for short-term decision making because they:

  1. Are not committed.

  2. Are the same each time period.

  3. Do not vary on a per-unit-of-output basis.

  4. Typically do not differ in total between decision alternatives being considered.

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