Question: In your own words, explain the terms fixed cost and variable cost. Include in your explanation how the total cost of both fixed and

In your own words, explain the terms fixed cost and variable cost.

In your own words, explain the terms fixed cost and variable cost. Include in your explanation how the total cost of both fixed and variable cost changes with activity and how the per unit cost of both fixed and variable costs changes with activity. Essay Toolbar.navigation BIUS == E A V L

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