Which of the following costs are variable?
A) 1 and 2
B) 1 and 4
C) only 1
D) only 2
Correct Answer:
Verified
Q43: Fixed costs normally will not include
A) property
Q44: The increased use of automation and less
Q46: Which of the following is not a
Q48: The relevant range of activity refers to
Q49: If a firm increases its activity level
A)
Q49: An increase in the level of activity
Q51: Firms operating at 100% capacity
A) are common.
B)
Q52: Changes in activity have a(n) _ effect
Q54: Which of the following is not a
Q55: Which of the following would be the
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