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Which ONE of the following statements describes a VARIABLE COST? Decreasing per unit over the relevant range Constant per unit over the relevant range Constant

Which ONE of the following statements describes a VARIABLE COST?

  • Decreasing per unit over the relevant range
  • Constant per unit over the relevant range
  • Constant in total over the relevant range
  • Increasing per unit over the relevant range
  • Decreasing in total over the relevant range

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