variable cost
noun[C]
ACCOUNTING,PRODUCTIONukusacostthatchangesaccordingto how much of aproductis beingproducedor used:
One way toreducecarusageis toincreasethevariablecostof using acar.
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fixed cost
Examplesofvariable cost
variable cost
Although taxation usually varies with profit, which in turn varies with sales volume, it is not normally considered avariablecost.
From
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This example is from Wikipedia and may be reused under a CC BY-SA license.Avariablecostof this product would be the direct material, i.e., cloth, and the direct labor.
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This example is from Wikipedia and may be reused under a CC BY-SA license.This can be illustrated by graphing the short run total cost curve and the short runvariablecostcurve.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Fixed cost andvariablecost, combined, equal total cost.
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This example is from Wikipedia and may be reused under a CC BY-SA license.This is also known as the marginal unitvariablecost.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The short-run total cost curve is simply thevariablecostcurve plus fixed costs.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These other methods generally have a higher fixed cost, but a lowervariablecostthan metal spinning.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Technically, shutdown occurs if marginal revenue is below averagevariablecostat the profit-maximizing output.
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This example is from Wikipedia and may be reused under a CC BY-SA license.The card allowed a two-dimensional pricing schedule, which consists of card price (a fixed cost), and ticket price (avariablecost).
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This example is from Wikipedia and may be reused under a CC BY-SA license.The lessvariablecostthere is, the more the additional revenue earned will contribute to the overall profit.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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