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What is variable cost?
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Asked 4/12/2014 8:36:10 PM
Updated 4/13/2014 7:50:06 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by andrewpallarca [4/13/2014 7:49:35 AM], Confirmed by andrewpallarca [4/13/2014 7:49:37 AM], Edited by andrewpallarca [4/13/2014 7:49:44 AM]
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User: What is variable cost?

Weegy: Variable costs are expenses that change in proportion to the activity of a business.
lisawelch|Points 5688|

User: What is marginal cost?

Question
Asked 4/12/2014 8:36:10 PM
Updated 4/13/2014 7:50:06 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by andrewpallarca [4/13/2014 7:49:35 AM], Confirmed by andrewpallarca [4/13/2014 7:49:37 AM], Edited by andrewpallarca [4/13/2014 7:49:44 AM]
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Marginal cost is a concept in microeconomics and is the cost of producing one more unit of goods.
Added 4/13/2014 7:50:06 AM
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Questions asked by the same visitor
Monetary cost is also known as __________ to economists. A. revenue B. profit C. price D. tax
Question
Not Answered
Updated 4/29/2015 1:56:33 PM
1 Answer/Comment
Monetary cost is also known as PRICE to economists.

Added 4/29/2015 1:56:33 PM
This answer has been confirmed as correct and helpful.
Rated good by debnjerry, Confirmed by debnjerry [6/4/2015 9:22:26 AM]
what is the a chart that lists how much of a good all suppliers will offer at different prices
Weegy: Market supply schedule is a chart that lists how much of a good ALL suppliers will offer at different prices. User: what is the a chart that lists how much of a good a single supplier will offer at various prices (More)
Question
Not Answered
Updated 4/30/2015 12:55:45 PM
1 Answer/Comment
Supply schedule is a chart that lists how much of a good a single supplier will offer at various prices.

Added 4/30/2015 12:55:45 PM
This answer has been confirmed as correct and helpful.
what is the amount a supplier is willing and able to supply at a certain price
Question
Not Answered
Updated 11/18/2014 11:43:47 AM
1 Answer/Comment
Quantity supplied is the amount a supplier is willing and able to supply at a certain price.

Added 11/18/2014 11:43:47 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [11/18/2014 11:48:51 AM]
WHAT IS INPUT COST?
Question
Updated 4/12/2014 9:18:52 PM
2 Answers/Comments
Input cost is the cost of direct material , direct labor , and other overhead items devoted to the production of a good or service.
Added 4/12/2014 9:17:40 PM
This answer has been confirmed as correct and helpful.
Input cost is the cost of the factors that are used to produce goods or services
Added 4/12/2014 9:18:52 PM
what is quantity demand?
Weegy: Demand - the amount of a particular economic good or service that a consumer or group of consumers will want to purchase at a given price. User: When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases. true or false? (More)
Question
Not Answered
Updated 4/1/2017 9:10:44 AM
2 Answers/Comments
When the price of an item decreases, the quantity demanded increases. When the price of an item increases, the quantity demanded decreases. TRUE.

Added 4/1/2017 8:56:16 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/1/2017 9:11:06 AM]
Quantity demanded is a term used in economics to describe the total amount of goods or services demanded at any given point in time.
Added 4/1/2017 9:10:43 AM
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