As production goes up, total variable costs ____.
A) decrease
B) increase
C) remain the same
D) cannot be predicted

Name: As production goes up, total variable costs ____. A) decrease B) increase C) remain the same D) cannot be predicted
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Question

Quizplus · Accepted Answer

As production goes up, total variable costs increase. This is because variable costs are directly related to the level of production, meaning that as production increases, variable costs such as labor and materials increase as well.

As Production Goes Up, Total Variable Costs ____