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Which of the following is a characteristic of fixed costs?

Practice Questions

1 question
Q1
Which of the following is a characteristic of fixed costs?
  1. They vary with production levels
  2. They remain constant regardless of production levels
  3. They are always controllable
  4. They are only incurred in the short term

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is a characteristic of fixed costs?
Solution: Fixed costs remain constant regardless of production levels within a relevant range.
Steps: 0

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