Figure 5.2:
-In Figure 5.2,what is the total variable cost when output is 10 units?
A) $500.00
B) $520.00
C) $720.00
D) $740.00

Name: Figure 5.2: -In Figure 5.2,what is the total variable cost when output is 10 units? A) $500.00 B) $520.00 C) $720.00 D) $740.00
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Question

Figure 5.2: 
-In Figure 5.2,what is the total variable cost when output is 10 units?
A) $500.00 
B) $520.00 
C) $720.00 
D) $740.00

Quizplus · Accepted Answer

The total variable cost is the cost that varies with the level of output. If Figure 5.2 shows that the variable cost for 10 units is $500.00, then that is the correct total variable cost.

Figure 5.2: -In Figure 5.2,what Is the Total Variable Cost When Output