efvvrgbstudent6137 efvvrgbstudent6137
  • 12-04-2018
  • Business
contestada

"which always increase(s) as output increases?"
a. marginal cost only
b. total cost only
c. variable cost only
d. total cost and variable cost
e. fixed cost only

Respuesta :

joccalub
joccalub joccalub
  • 16-06-2018

Answer: d. total cost and variable cost

A variable cost is a company expense that changes in parallel with production output. They rise as production increases.

Total cost refers to the total company expense incurred in producing a particular level of output. Same with the variable cost, it increases as production increases.

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