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प्रश्न
What is meant by variable cost?
लघु उत्तरीय
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उत्तर
- Variable costs are those costs that vary in amount with changes in the level of output or activity.
- Such costs increase and decrease in the same proportion in which the level of output increases or decreases.
- Variable costs vary in total amount but remain constant per unit of production.
- Variable costs are controllable in the short run.
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Classification of Costs
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
Write a short note on direct costs.
Describe cost on the basis of behaviour.
The cost remains same at all levels of output is called ______ cost.
Which cost decreases with increase in the volume of output?
Which of the following cost is time based?
Which definition best describes indirect costs?
Explain the following:
Sunk cost
Fixed cost per unit decreases when ______.
Amount spent to purchase a machinery is the example of ______ cost.
Write short notes on Variable Costs.
