Question

explain staircase type cost curve with example​

Answer 1

Hey mate here is your answer

When stated on a graph, step costs appear to be incurred in a stair step pattern, with no change over a certain volume range, then a sudden increase, then no change over the next (and higher) volume range, then another sudden increase, and so on. The same pattern applies in reverse when the volume of activity declines.

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Answer 2

Answer:

When stated on a graph, step costs appear to be incurred in a stair step pattern, with no change over a certain volume range, then a sudden increase, then no change over the next (and higher) volume range, then another sudden increase, and so on. The same pattern applies in reverse when the volume of activity declines

Explanation:

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