QUESTION 10/12 Company A's total royalty expenses for a specific product vary based on the total revenue (dollars in thousand), shown as below: Which of the following statements is correct? 1 point When the company's revenue is $1,500, the royalty expenses are greater than 150,000 The variable cost per dollar revenue when the company's revenue is within the range 1,000-2,000 is smaller than that when revenue is within the range 2,000-3,000 When the company's revenue is within 2,000, the royalty expenses are step costs The variable cost per dollar revenue is fixed, regardless of where the revenue range lies