Question: Within the relevant range, what is the difference between variable costs and fixed costs? Total variable costs and total fixed costs fluctuate. Variable costs per

Within the relevant range, what is the difference between variable costs and fixed costs?

  1. Total variable costs and total fixed costs fluctuate.
  2. Variable costs per unit fluctuate and fixed costs per unit remain constant.
  3. Total variable costs and total fixed costs are constant.
  4. Variable costs per unit are constant and fixed costs per unit fluctuate.

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