Multiple Choice
Which of the following statements regarding variable cost is true?
A) Variable cost increases on a per unit basis as the number of units produced increases.
B) Variable cost remains constant on a per unit basis as the number of units produced increases.
C) Variable cost remains the same in total as production increases.
D) Variable cost decreases on a per unit basis as the number of units produced increases.
Correct Answer:

Verified
Correct Answer:
Verified
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