Which of the following statements describes how step costs relate to fixed and variable costs? a. A step cost behaves more like a variable cost as the step size decreases.
B) A step cost behaves more like a fixed cost as the step size decreases.
C) A step cost behaves like a variable cost, but not like a fixed cost.
D) A step cost behaves like a fixed cost, but not like a variable cost.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements describes how step costs relate to fixed and variable costs? a. A step cost behaves more like a variable cost as the step size decreases.
B) A step cost behaves more like a fixed cost as the step size decreases.
C) A step cost behaves like a variable cost, but not like a fixed cost.
D) A step cost behaves like a fixed cost, but not like a variable cost.

Which of the Following Statements Describes How Step Costs Relate