A cost that changes as volume changes, but at a nonconstant rate, is called a:

Question

Business

Snowflake

7 November, 18:56

A cost that changes as volume changes, but at a nonconstant rate, is called a:

+2

Answers (1)

Know the Answer?

Zayne Edwards · Answer 1

The answer to this question is what we called a Curvilinear cost. Thecurvilinear cost is a cost / expense that changes in different rates while the volume or production output increases. This is also know as a non linear cost which consists of groups of expenses.