Economy, asked by tamana58, 1 year ago

mc is variable cost explain​

Answers

Answered by subhadra53
1

Answer:

By Investopedia. Updated Sep 28, 2017. Marginal costs are a function of both fixed and variable costs. Fixed costs of production are considered the costs that occur on a regular basis such as rent or employees' salaries. By contrast, a variable cost is one that changes based on output and production costs.

Answered by ritik7739
1

Explanation:

Marginal costs are a function of the total cost of production, which includes fixed and variable costs. Fixed costs of production are constant, occur regularly, and do not change in the short-term with changes in production. ... By contrast, a variable cost is one that changes based on production output and costs.

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