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In the following table, the fixed and variable costs of three technologies are given. Which of the following statement is not true? Technology Fixed Cost
In the following table, the fixed and variable costs of three technologies are given. Which of the following statement is not true? Technology Fixed Cost Variable Cost 1 100 10 2 300 5 3 1200 1 Group of answer choices If production volume is 100, technology 2 is preferred. The break-even quantity of technology 1 and 2 is 40. The break-even quantity of technology 1 and 3 is irrelevant in determine which technology to use according to the production volume. If production volume is 200, technology 3 is preferred
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