See Also: Variable Cost(money)
Variable cost(finance)
Prime cost or direct cost(finance)
Tight money or dear money(finance)
Variable(money)
variable(encyclopedia)
Variable(finance)
variable(medicine)
variable(dictionary)
moderator variable(medicine)

Variable Cost (money)


Definition: Uniform per-unit cost that fluctuates in direct proportion to volume.

Definition: [crh] A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.