Question: A cost that changes as volume changes, but at a nonconstant rate, is called a: a) Variable cost. b) Curvilinear cost. c) Step-wise variable cost.

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

a) Variable cost.

b) Curvilinear cost.

c) Step-wise variable cost.

d) Fixed cost.

e) Differential cost.

Step by Step Solution

3.41 Rating (148 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Answer b Curvilinear cost Definition A curvilinear cost also called a nonlinear c... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!