Variable costs are __________________.
A. sunk costs. .
B. multiplied by fixed costs.
C. costs that change with the level of production
D. defined as the change in total cost resulting from the production of an additional unit of output.
Answer:C
Variable costs are __________________.
A. sunk costs. . B. multiplied by fixed costs. C. costs that change with the level of production D. defined as the change in total cost resulting from the production of an additional unit of output.