Variable and fixed cost behavior patterns are not valid for linear cost functions within a given relevant range.

Name: Variable and fixed cost behavior patterns are not valid for linear cost functions within a given relevant range.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Variable and fixed cost behavior patterns are valid for linear cost functions only within a given relevant range.Outside the relevant range,variable and fixed costs-behavior patterns may change,causing costs to become nonlinear.

Variable and Fixed Cost Behavior Patterns Are Not Valid for Linear