Which of the following best describes a fixed cost? A cost which: – McqOptions

MCQOPTIONS

1.	Which of the following best describes a fixed cost? A cost which:
A.	Represents a fixed proportion of total costs
B.	Remains at the same level up to a particular level of output
C.	Has a direct relationship with output.
D.	Remains at the same level when output increases.
Answer» B. Remains at the same level up to a particular level of output

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