All of the following statements about variable costs are true except
A) they are equal to total costs in the long run.
B) they are zero if output is zero.
C) they are equal to the product of average variable cost and the output level.
D) they are constant as output increases.

Question

Quizplus · Accepted Answer

Variable costs change with the level of output; they are not constant as output increases.

All of the Following Statements About Variable Costs Are True