variable cost
variable cost
variable cost
variable cost
because the fixed cost is absorbed into the number of units produced.
Any expense that rises or falls is a variable cost. Variable costs change in direct proportion to the level of production or sales activity. Examples include materials, labor, and commissions, which increase or decrease based on the volume of goods or services produced. In contrast, fixed costs remain constant regardless of production levels.
The cost of any fuel rises and falls often, so the price may be different from day to day, even hour to hour.
The cost of any fuel rises and falls often, so the price may be different from day to day, even hour to hour.
If the opportunity cost is constant, the PPF is a straight line; when the opp. cost of a good rises when it is produced more, then concave.
there is a shift in the supply curve when the cost of input rises.
there is no cost
Total variable cost can increase while the variable cost per unit remains constant if the total quantity of output produced increases. In this scenario, the variable cost per unit does not change, but since more units are being produced, the overall total variable cost rises. Conversely, if the output level stays the same, an increase in total variable cost would imply an increase in the variable cost per unit.
A Christmas stay at the Doubletree Niagara Falls costs about $109 for a single basic room. A deluxe room costs around $119 depending on what options are included.