Question: The difference between variable costs and fixed costs is A. Unit variable costs fluctuate, and unit fixed costs remain constant. B. Unit variable costs are
The difference between variable costs and fixed costs is
A. Unit variable costs fluctuate, and unit fixed costs remain constant.
B. Unit variable costs are fixed over the relevant range, and unit fixed costs are variable.
C. Total variable costs are variable over the relevant range and fixed in the long term, while fixed costs never change.
D. Unit variable costs change in varying increments, while unit fixed costs change in equal increments.
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