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A cost that have inputs that increase or decrease are referred to as __________ costs. Select the correct answer below:

1 Answer

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Answer: variable cost

Step-by-step explanation:

Variable costs are the costs that change as the production level for a particular business changes. Unlike the fixed cost which is fixed, it should be noted that the variable cost changes or varies as it's not constant.

The total cost for a business consist of both the fixed and variable cost. Variable cost is the cost that have inputs that increase or decrease.

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User Jiggysoo
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