Question

Variable costs are Multiple Choice costs that remain to be paid even if the firm shuts down temporarily. costs that change every day or every month. costs that change with the level of production. changes in total cost due to the production of an additional unit of output

Answer 1

Variable cost as those costs that are associated with production of the goods, if more goods are produced variable cost will be higher in the market. The answer is "Costs that changes with the level of production. "