ASSERTION: Variable costs are fixed per unit but vary in total. REASONING: Variable costs decrease with Increase in the volume of output.

Question

KollegeApply · Accepted Answer

A is true, but R is false. Explanation: • A is true because variable cost is constant per unit but changes in total as output changes. • R is false because variable costs (total) increase with higher output; they do not decrease when volume rises.

AChoose Your Answer