A cost that have inputs that increase or decrease are referred to as costs. Select the correct answer below:

variable cost

Explanation:

Variable costs are the costs that change as the production level for a particular business changes. Unlike the fixed cost which is fixed, it should be noted that the variable cost changes or varies as it's not constant.

The total cost for a business consist of both the fixed and variable cost. Variable cost is the cost that have inputs that increase or decrease.

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.