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Glossary   >   V   >   "Variable cost" Definition            Variable cost A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Variable cost \ A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.