give the meaning of variable cost
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Explanation:
A variable cost is a corporate expense that changes in proportion to production output. Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging.
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a variable cost is a corporate expense that changes in proportion to production output . variable costs increase or decrease depending on a company's production volume ; they rise as production increases and fall as production decreases .... a variable costs can be contrasted with a cost ..
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