Question
1. As activity changes, total variable cost increases or decreases proportionately with the activity change, but unit variable cost remains the same. true or false
1. As activity changes, total variable cost increases or decreases proportionately with the activity change, but unit variable cost remains the same. true or false
2, Another term for product cost is the cost of goods sold. true or false
3. Manufacturing costs are classified into four categories. true or false
4. As activity changes, total variable cost increases or decreases proportionately with the activity change, but unit variable cost remains the same. true or false
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
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