The distinction drawan between fixed and variable costs is based on :

1.	The distinction drawan between fixed and variable costs is based on :
Answer» Whether the costs or cannot be CHANGED during the life of the plant Whether the costs do or do not vary WITHTHE OUTPUT producedin the long run Whether the costs do not enter the calculation of total costs Whether the costsdo or do not vary with the output produced in the short run Solution :N//A

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