________ are the per-unit costs of production that will fluctuate depending on how many units or individual products a firm produces.
A) Fixed costs
B) Variable costs
C) Average fixed costs
D) Marginal costs
E) Everyday costs

Question

Quizplus · Accepted Answer

Variable costs are directly proportional to the level of production. As a firm produces more units, variable costs increase accordingly. Examples of variable costs include labor costs, raw material costs, and shipping costs.

________ Are the Per-Unit Costs of Production That Will Fluctuate