_____ costs do not change as output is increased or decreased.
A)Marginal
B)Variable
C)Fixed
D)Total

Name: _____ costs do not change as output is increased or decreased. A)Marginal B)Variable C)Fixed D)Total
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

_____ costs do not change as output is increased or decreased.​
A)Marginal
B)​Variable
C)​Fixed
D)Total

Quizplus · Accepted Answer

Fixed costs do not change with changes in output, whereas variable costs change with changes in output. Marginal costs refer to the cost of producing an additional unit of output, and total costs are the sum of fixed and variable costs.

_____ Costs Do Not Change as Output Is Increased or Decreased.​

_____ Costs Do Not Change as Output Is Increased or Decreased.