Total variable cost
A)is zero when the quantity produced is zero.
B)is the sum of those changing expenses that are closely related to output.
C)may increase as the quantity produced is increased.
D)All these answers are correct.

Question

Quizplus · Accepted Answer

Total variable cost is zero when the quantity produced is zero; is the sum of those changing expenses closely related to output; and may increase as the quantity produced is increased.

Total Variable Cost