Within the relevant range, a difference between variable costs and fixed costs is:
A. variable costs per unit are constant and fixed costs per unit fluctuate.
B. both total variable costs and total fixed costs are constant.
C. both total variable costs and total fixed costs fluctuate.
D. variable costs per unit fluctuate and fixed costs per unit remain constant.
Answer: A
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Fill in the blank(s) with correct word
When determining the batch size, which consideration is the least important?
a. achieving economies by grouping together large numbers of transactions b. complying with legal mandates c. providing control over the transaction process d. balancing the trade-off between batch size and error detection
Differentiation provides protection against rivalry since brand loyalty lowers customer sensitivity to price and raises customer switching cost.
Answer the following statement true (T) or false (F)
A group of farmworkers in Florida organized a movement aimed at convincing Taco Bell to increase the amount that it pays for its tomatoes so that the wages of tomato pickers could be increased to a more reasonable minimum
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