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When production levels are expected to decline within a relevant range, what effects would be anticipated with respect to each of the following? Multiple Choice
When production levels are expected to decline within a relevant range, what effects would be anticipated with respect to each of the following?
Multiple Choice
Fixed costs per unit stay the same. Variable costs per unit increase.
Fixed costs per unit increase. Variable costs per unit no change.
Fixed costs per unit stay the same. Variable costs per unit decrease.
Fixed costs per unit increase. Variable costs per unit also increase.
Fixed costs per unit stay the same. Variable costs per unit also stay the same.
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