How do variable costs and fixed costs act within the relevant range

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asked Aug 16, 2024 98.2k views

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Noisebleed · Answer 1 · 2024-08-23T03:26:44+0000

Answer:

Variable costs per unit are constant. Within a relevant range, total fixed costs are constant even if units increase. Fixed cost per unit decreases as units increase. Mixed costs have elements of both fixed and variable costs.

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How do variable costs and fixed costs act within the relevant range

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