Question:
Variable cost changes with —
Variable cost changes with —
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Production ↑ ⇒ Variable Cost ↑
Updated On: Feb 21, 2026
- Time
- Production level
- Management policy
- None of these
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The Correct Option is B
Solution and Explanation
Variable costs increase or decrease in direct proportion to the level of output.
Final Answer:
\[
\boxed{(B)}
\]
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