uucauoncomtlowconnecthtml apters 1618 19 Save Total variable

uucauon.com/tlow/connect.html apters 16,18 &19 Save Total variable costs change in proportion to changes in the volur True or False 4:56 True False

Solution

answer: TRUE

Variable costs are direct function of production volume i.e, it rises when production expands and falls when production contracts.

Hence total variable cost changes in proportion to change in volume.