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What would happen to the following type of cost as output is increased? Total fixed cost - Economics

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प्रश्न

What would happen to the following type of cost as output is increased? 

Total fixed cost

अति संक्षिप्त उत्तर
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उत्तर

As output increases, the total fixed cost remains constant. Fixed costs do not change with the level of output. Even if production increases or decreases, costs like rent, salaries of permanent staff, or interest on capital remain the same.

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अध्याय 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६१]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 28. (a) | पृष्ठ १६१
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