Variable inputs are those whose
A)quantity changes as the level of output changes
B)costs are irreversible
C)quantity remains constant regardless of the level of output
D)costs are considered sunk costs
E)price is continuously changing

Question

Quizplus · Accepted Answer

Variable inputs are those inputs whose quantity can be increased or decreased as per the level of output. Their quantity is variable, hence the name. The cost of variable inputs also changes with the change in quantity.

Variable Inputs Are Those Whose