Within the relevant range, if a company's level of production decreases, variable costs
A) will remain unchanged.
B) increase in total, but remain the same per unit.
C) decrease in total, but remain the same per unit.
D) decrease in total, but the per unit amount may increase or decrease.

Question

Quizplus · Accepted Answer

Within the relevant range, variable costs decrease in total as production decreases, but the cost per unit remains constant.

Within the Relevant Range, If a Company's Level of Production