![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
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 additional unit of output. |
Answer» C. costs that change with the level of production |
View all MCQs in
MicroEconomics, Theory and Applications 1No comments yet