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Budgeting becomes an essential tool for management in order to make projections into their current and future costs. However, according to economists all fixed costs

Budgeting becomes an essential tool for management in order to make projections into their current and future costs. However, according to economists all fixed costs become variable in the long run. Since a budget is a projection of future costs (fixed & variable), do you think this premise holds for all fixed budgets in the long run?

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