Variable cost

 

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Variable cost

The portion of a firm or industry's cost that changes with output, in contrast to fixed cost.

Variable cost

A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.



Variable cost

Similar Matches

Variable rated demand bond (VRDB)

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Floating-rate bond that periodically can be sold back to the issuer.


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A form of cash value life insurance in which the cash value of the policy may be invested in shares and bonds etc. according to the insured's choice.


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Term used in regression analysis to represent the element or condition that is dependent on values of one or more other variables.


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A function that assigns a real number to each and every possible outcome of a random experiment.


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A certificate of deposit whose interest rate varies and is dependent on an influence such as prime rate.


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