Question: Select the incorrect statement regarding fixed and variable cost Fix cost per unit remains constant as a number of units increase Total variable causes represented
Select the incorrect statement regarding fixed and variable cost
Fix cost per unit remains constant as a number of units increase
Total variable causes represented by a straight line, sloping upward from the origin when total variable causes grafted versus number of units
The concept of relevant range applies to both fixEd cost and variable costs
The term fixed and variable refers to the behavior of total cost
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