Saturday, July 30, 2011

A step variable-cost function

ACCOUNTING

Multiple Choice

A step variable-cost function

a. is fixed over the long run, but not over the short run.

b. is often approximated with a continuous variable-cost function.

c. remains the same over a wide range of activity.

d. example includes adding additional warehouse space.

Click here for the SOLUTION

No comments:

Post a Comment