ECONOMICS

Detailed explanation-1: -Variable costs are dependent on production output or sales. The variable cost of production is a constant amount per unit produced. As the volume of production and output increases, variable costs will also increase.

Detailed explanation-2: -Variable costs are conventionally deemed to increase or decrease in direct proportion to changes in output.

Detailed explanation-3: -Fixed costs are conventionally deemed to be a. Those unaffected by inflation be constant per unit of output, see constant and total and production volume changes, or D outside the control of management. The correct answer is C constant and total and production volume changes.

Detailed explanation-4: -The variable cost per unit is the amount of labor, materials, and other resources required to produce your product. For example, if your company sells sets of kitchen knives for $300 but each set requires $200 to create, test, package, and market, your variable cost per unit is $200.

Detailed explanation-5: -Variable cost: A variable cost remains constant on a per unit basis, but changes in total in direct relation to changes in volume. Fixed cost: A fixed cost remains constant in total amount, but changes, if expressed on a per unit basis, inversely with changes in volume.