The Costs that changes with the quantity of output produced is called ……………. a)     Variable cost b)     Marginal cost c)     None of the mentioned d)     Export

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter21: Production And Costs
Section21.4: Costs Of Production: Total, Average, Marginal
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The Costs that changes with the quantity of output produced is called …………….
  • a) 
     
     Variable cost
  • b) 
     
     Marginal cost
  • c) 
     
     None of the mentioned
  • d) 
     
     Export
  •  
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