Prof. Marshall calls variable cost as a main cost because ________
A. It has a negative slope
B. It is directly related with production
C. It increases significantly compared to fix cost
D. Both (B) and (C)
Answer:B
Prof. Marshall calls variable cost as a main cost because ________
A. It has a negative slope B. It is directly related with production C. It increases significantly compared to fix cost D. Both (B) and (C)