The representation for total variable costs is
A)vx + f.
B)vx.
C)vx - f.
D)y = vx + f.

Question

Quizplus · Accepted Answer

The representation for total variable costs is typically in the form of vx, where v is the variable cost per unit and x is the quantity produced or sold. This is because variable costs are directly proportional to the level of production or sales. Options A and D include a fixed cost component (f), which is not a part of variable costs. Option C subtracts a fixed cost component from variable costs, which is not a commonly used formula. Therefore, option B is the best choice.

The Representation for Total Variable Costs Is