The costs associated with variable inputs are ________ costs and the costs associated with ________ inputs are costs.
A)variable; fixed; fixed
B)fixed; fixed; variable
C)variable; fixed; variableD.fixed; fixed; fixed

Question

Quizplus · Accepted Answer

When quantity of variable input changes, variable costs change proportionally. The costs associated with fixed inputs remain constant, hence they are fixed costs.

The Costs Associated with Variable Inputs Are ________ Costs and the Costs