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A cost that remains constant over a limited range of volume, but increases by a lump sum when volume increases beyond a maximum amount, is
A cost that remains constant over a limited range of volume, but increases by a lump sum when volume increases beyond a maximum amount, is a(n):
I answered curvilinear and got it wrong
Step-wise cost. | |
Fixed cost. | |
Curvilinear cost. | |
Incremental cost. | |
Opportunity cost |
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