Mixed costs are part variable and part fixed.

Name: Mixed costs are part variable and part fixed.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Mixed costs have both variable and fixed components, meaning that their total cost changes as the level of activity changes, but not necessarily in a linear manner. The fixed portion of a mixed cost does not vary with changes in activity level, while the variable portion does.

Mixed Costs Are Part Variable and Part Fixed