Variable Costs Are Those That

question 76

Multiple Choice

Variable costs are those that

• A)vary with output.
• B)are fixed when output changes.
• C)decrease when output increases.
• D)vary with input.
• E)can change even when output is constant.

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Definitions:

Cup

A small, open container used for drinking, typically with a handle and made of a hard material.

Metric Equivalent

A system of measurement that provides conversions between the metric system units and other measurement units.

Liters

A metric unit of volume equal to 1,000 cubic centimeters or approximately 0.26 U.S. gallons.

Coffee

A beverage made from roasted and ground beans of the Coffea plant, widely consumed globally for its stimulating effect due to caffeine content.