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Author Question: Which of the following is a true statement relating to step costs? (Read 14 times)

Katmoss16

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on: Feb 5, 2023

Question 1

Suppose your cell phone company offers a plan under which you pay $15 for a 100-minute block. For each minute over 100 minutes you have to pay $0.10 per minute. This is an example of a
◦ variable cost
◦ mixed cost.
◦ fixed cost.
◦ step cost.

Question 2

Which of the following is a true statement relating to step costs?
◦ Step costs remain constant over only a small range of activity.
◦ Step costs are also referred to as fixed costs.
◦ Step costs do not vary proportionately  over a small range of activity.
◦ Step costs do not contain a fixed component.
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Marked as best answer by Katmoss16 on Feb 5, 2023

rika06@comcast.net

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Katmoss16

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

mjenn52

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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