A fixed cost is fixed only in relation to?

FINANCIAL
JAMB 2000

A fixed cost is fixed only in relation to?

  • A. the quality of goods produced
  • B. the quantity of goods sold
  • C. a given period of time and a range of activities
  • D. a given period of time and the nature of activity

Correct Answer: D. a given period of time and the nature of activity



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