Meaning of variable cost | Babel Free
Definitions
A cost that changes with the change in volume of activity of an organization.
Equivalents
Examples
“Variable costs of nuclear-generated electricity seem low.”
“Variable costs may actually vary with the number of shifts, the number of set-ups, or many other specific activities.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.