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Question 4 Not yet answered Marked out of 2 . 0 0 Flag question Which of the following is not a characteristic of fixed costs?
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Which of the following is not a characteristic of fixed costs?
a They remain constant within a relevant range.
b All of the above answers
c They vary directly with the level of output
d They are incurred even if there is no production.
e They do not change with the level of output.
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