In the Short Run,total Variable Cost

question 172

Multiple Choice

In the short run,total variable cost

• A) includes the cost of capital.
• B) includes the cost of labor.
• C) includes both the cost of capital and of labor.
• D) does not change when production changes.
• E) is positive when output is zero.

---

Definitions:

Stored Entry

Data or information that has been saved in a database or other storage system for later retrieval or use.

Text

Refers to any words, sentences, or paragraphs used in documents, presentations, or spreadsheets.

Graphic

Any picture, shape, chart, or drawing object inserted into a document or presentation.

Building Block

Predefined pieces of text or formatting that can be inserted into documents to facilitate document creation.