The change in total variable cost for producing an extra unit is the same as the change in ________ cost.
A) total fixed
B) total
C) average fixed
D) average total
E) average variable

Question

Quizplus · Accepted Answer

The change in total variable cost for producing an extra unit is the same as the change in total cost, as total cost is the sum of total fixed cost and total variable cost, and fixed costs do not change with output.

The Change in Total Variable Cost for Producing an Extra