As Output Increases Variable Cost Per Unit Will Also Increase

question 166

True/False

As output increases variable cost per unit will also increase.

---

Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period.

Exercise Price

The cost at which an option's owner is allowed to purchase (for a call option) or sell (for a put option) the underlying asset.

Stock Price

Stock Price is the cost of purchasing a share of a company as listed on a stock exchange, reflecting the market's valuation of the company.