5Production Productivity CostsMedium1 mark
During a year, airline fuel prices fell by 20.4%, while the rent of passenger aircraft increased by
around 1.1%.
Assuming no other changes in the passenger airline industry, what was the outcome for fixed costs
and variable costs?
| fixed costs | variable costs | |
|---|---|---|
| A | decreased | decreased |
| B | decreased | increased |
| C | increased | decreased |
| D | increased | increased |