Variable Cost Explained in 200 Words
Variable Cost Explained in 200 Words
Definition Variable costs are expenses that change in proportion to the activity of a business, and can be aggregated into a total or expressed on a
Variable costs are expenses that change in proportion to the production output or the level of business activity
variable cost A variable cost is any business expense that is directly correlated to your company's production or sales As your sales increase, variable
fixed cost Variable costs are costs that change as the quantity of the good or service that a business produces changes Variable costs are the sum of marginal costs
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