total costs stay the same for ANY number of units produced

ACCT2320 - 2.2

Quiz
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Other
•
University
•
Easy
Zi B
Used 5+ times
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18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
fixed costs
variable costs
mixed costs
step fixed costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
includes fixed and variable costs
fixed costs
variable costs
mixed costs
step fixed costs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
costs INCREASES as units increases
fixed costs
variable costs
mixed costs
step fixed costs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
cost is the same within a certain range but increases once you past it
fixed costs
variable costs
mixed costs
step fixed costs
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
fixed costs are "_"
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
per unit fixed costs _ the more units we produce
increases
decreases
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
total fixed costs _ regardless of how many units we produce
remain same
increase by the same amount
decreases
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