Step costs
A)remain the same within the relevant range.
B)have an increased fixed component at specified intervals.
C)increase in direct proportion to increases in output.
D)none of these are correct

Question

Quizplus · Accepted Answer

Step costs have fixed costs within a certain range, but increase to a new fixed cost level at specified intervals. They do not increase in direct proportion to output, and they do not remain the same within the relevant range.

Step Costs