Within the relevant range, the cost function in which cost does not change in narrow ranges of activity is called Options: A . &nbspfixed cost function B . &nbspvariable cost function C . &nbspstep variable cost function D . &nbspstep fixed cost function

Within the relevant range, the cost function in which cost does not change in na

Question

Within the relevant range, the cost function in which cost does not change in narrow ranges of activity is called

Options:

A . fixed cost function

B . variable cost function

C . step variable cost function

D . step fixed cost function

Answer: Option C
Answer: (c).step variable cost function

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