Question 24.24  Variable costs are                 sunk costs.        costs that change every day.        costs that change with the level of production.        the change in total cost due to the production of an additional unit of output.

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
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Question 24.24  Variable costs are         

       sunk costs.

       costs that change every day.

       costs that change with the level of production.

       the change in total cost due to the production of an additional unit of output.

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