Select the appropriate item for each of the definitions listed below.
-total cost depends on the level of output
A)relevant range
B)cost behavior
C)driver
D)variable cost
E)fixed cost

Name: Select the appropriate item for each of the definitions listed below. -total cost depends on the level of output A)relevant range B)cost behavior C)driver D)variable cost E)fixed cost
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Question

Quizplus · Accepted Answer

Variable cost changes with the level of output, meaning the total cost varies depending on how much is produced.

Select the Appropriate Item for Each of the Definitions Listed