During sporting events at the local high school,Steven Urangi runs a concession stand.The costs associated with the purchase of hot dogs,mustard,relish,ketchup,chips,soft drinks,paper napkins,and cups are all examples of which type of costs?
A)marginal
B)variable
C)fixed
D)liquidity

Question

Quizplus · Accepted Answer

A cost that changes with the level of output is called a variable cost.

During Sporting Events at the Local High School,Steven Urangi Runs