Variable costs change with

A) changes in fixed costs.
B) changes in cross-price elasticity.
C) changes in target return pricing.
D) changes in the quantity being produced.
E) competitive parity.

Variable Costs

Expenses that vary in direct proportion to the level of production or sales volume, such as materials and labor.

Quantity Produced

Indicates the total amount of goods or services produced by a company during a specific period.

Cross-Price Elasticity

A measure of the responsiveness in the quantity demanded of one good due to a price change in another good.