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Which of the following is true? Fixed costs vary in total within the relevant range. Within the relevant range a valid argument can be made
Which of the following is true? Fixed costs vary in total within the relevant range. Within the relevant range a valid argument can be made for the assumption of linearity of variable costs. The relevant range is reflective of the relevant range of products a company offers to its customers. At the upper and lower limits of the relevant range of company activity, linearity of variable costs is a given
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