Which of the following represents variable cost in the short run?

CA Foundation · Business Economics · PYQS · May 2026
Which of the following represents variable cost in the short run?
(A) A. Factory rent
(B) B. Wages for factory labour
(C) C. Accountant's salary
(D) D. Factory insurance premium

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Wages for factory labour

Topics: Theory of Production and Cost

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