The total cost (TC) of producing sports shoes (Q) is given as TC – 200 + 5  What is the variable cost?
A. 5Q
B. 5
C. 5+ (200/Q)
D. 200
Answer:A
The total cost (TC) of producing sports shoes (Q) is given as TC – 200 + 5  What is the variable cost?
A. 5Q B. 5 C. 5+ (200/Q) D. 200