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30 September, 06:39

If production increases by 30%, how will total variable costs likely react?

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  1. 30 September, 06:59
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    Variable cost is a function of the production rate. variable cost are the cost the increases when the production rate increases and also decreases when the production rate decreases. some variable cost are the raw materials, it always depends how much is your projected production. so the variable cost likey to inreased by 30 %
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