Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Variable costs are:

Question:

Variable costs are:

A.

Sunk costs.

B.

Multiplied by fixed costs.

C.

Costs that change with the level of production.

D.

Defined as the change in total cost resulting from the production of an

Answer» c. Costs that change with the level of production.

Note: The above multiple-choice question is for all general and Competitive Exams in India