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Clearly state the relationship (i.e., direct, inverse, or Fixed) of the items below to a change in the level of output (see pages 57-58): a)
Clearly state the relationship (i.e., direct, inverse, or Fixed) of the items below to a change in the level of output (see pages 57-58):
a) Total variable costs___________________________________
b) Variable cost per unit________________________________
c) Total Fixed costs_____________________________________
d) Fixed cost per unit____________________________________
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