Which of the following costs do not change with an increase in output?
A. Total variable cost
B. Total fixed cost
C. Total cost
D. Average total cost per unit
E. Average fixed cost per unit
Answer: B. Total fixed cost
Business
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a. true b. false
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Under ________ companies work with both their suppliers and their customers to reduce the time items are in inventory and the amount of inventory carried by a company
A) ABC inventory management B) EOQ inventory management C) federal procurement programs D) JIT inventory management
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