Q133
Increase in total variable cost is due to ________.
A.
increase in fixed cost
B.
increase in sales
C.
increase in production
AnswerD.
increase in efficiency
Answer: Option C
Solution
Answer: Option C
Solution:
Increase in total variable cost is due to increase in production. Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases.