Fill in the Blank QuestionFill in the blank question.A cost remains unchanged when the volume of activity changes within the relevant range.
Question
Solution 1
The appropriate term to fill in the blank is "fixed."
Explanation
A fixed cost refers to expenses that do not change with the volume of production or activity within a certain range, known as the relevant range. These costs remain constant regardless of how much or how little a company pro Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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