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Vertical dashed line in graphical representation of cost function represents the

A. cost representation

B. irrelevant range

C. relevant range

D. graphical representation

Answer: Option C

Solution(By Examveda Team)

Vertical dashed line in graphical representation of cost function represents the relevant range. The relevant range refers to a specific activity level that is bounded by a minimum and maximum amount. Within the designated boundaries, certain revenue or expense levels can be expected to occur.

This Question Belongs to Commerce >> Costing

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