Assume that the 1 0 - mile march has step - fixed rather than fixed costs. What
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Question:
Assume that the mile march has stepfixed rather than fixed costs. What does this mean for application of the breakeven forumula to find the breakeven number of marchers? a The breakeven formula applies the same to stepfixed, and fixed costs, bThe breakeven formula will only apply if the number of marchers is in range within which costs are fixed, c The breakeven formula cannot be applied in this cirucumstance, d Whether the breakeven formula can be applied depends on the structure of the marginal revenue function
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