The time period over which the relationship between the fixed and variable costs may hold good is difficult to determine.

Name: The time period over which the relationship between the fixed and variable costs may hold good is difficult to determine.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

The relationship between fixed and variable costs may change over time due to changes in production processes, technology, and other factors, making it difficult to determine a consistent time period over which the relationship holds true.

The Time Period Over Which the Relationship Between the Fixed