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Costs that change as the level of output changes are called:
O overhead.
O variable costs.
O fixed costs.
O sunk costs.

Costs that must be paid in the short run even when no output is produced are called:
O average variable costs (AVC).
O total fixed costs (TFC).
O total variable costs (TVC).
O marginal costs (MC).

Marginal cost (MC) is:
O the change in total cost (TC) divided by the change in output (Q).
O the change in total variable cost (TVC) divided by the change in output (Q).
O not affected by the level of fixed costs.
O All of the above

Which of the following is true in the short run?
O TC = TVC - TFC
O AFC = AVC + ATC
O TFC = TC - TVC
O All of the above are true doo

Which of the following is not true in the short run?
O MC = (ATVC/AQ)
O MC = (ATC/AQ)
O (TC/Q) = (TVC/Q)
O ATC = AVC + AFC

Suppose the total cost of production in the short run is $500,000 when 2,000,000 units are produced. Then, average total cost (ATC) is:
O 25 cents per unit and average fixed cost (AFC) is 15 cents per unit.
O $4 per unit, and average fixed cost (AFC) is $2 per unit.
O 25 cents per unit, and average fixed cost (AFC) is unknown given the available information.
O $4 per unit, and average fixed cost (AFC) is unknown given the available information.

Respuesta :

Costs that change as the level of output changes are called Variable Costs

A variable cost is a corporate cost that adjustments of extent to how much an organization creates or sells. Variable costs increment or decline contingent upon an organization's creation or deals volume — they ascend as creation increments and fall as creation diminishes.

Instances of variable cost incorporate an assembling organization's expenses of unrefined components and bundling — or a retail organization's Visa exchange charges or transportation costs, which rise or fall with deals. A variable expense can be stood out from a proper expense.

The absolute costs caused by any business comprise of variable and fixed costs. Variable expenses are subject to creation result or deals. The variable expense of creation is a steady sum for each unit delivered. As the volume of creation and result increments, variable costs will likewise increment. Alternately, when less items are created, the variable expenses related with creation will thus diminish.

Know more about Variable Costs - https://brainly.com/question/29767642

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