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The level of variable cost is influenced by _______. I. Only fixed cost II. The duration of the project III. Only uncertainty
Question

The level of variable cost is influenced by _______.
I. Only fixed cost
II. The duration of the project
III. Only uncertainty

A.

Only I

B.

Only II

C.

Only III

D.

All I, II, and III

Correct option is B


The duration of the project affects the level of variable costs since these costs vary with production output.

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