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प्रश्न
Which cost decreases with increase in the volume of output?
विकल्प
Variable cost
Fixed cost
Revenue cost
Smart cost
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उत्तर
Fixed cost
Explanation:
Fixed costs are fixed in total but vary per unit. They decrease with an increase in the volume of output.
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संबंधित प्रश्न
Describe cost on the basis of behaviour.
It refers to the expenses incurred on those items which are not directly chargeable to production. Salaries of timekeeper, foremen and watchmen are examples of this cost. This cost is incurred for the concern as a whole rather than a particular product.
Explain the following:
Sunk cost
Distinguish between shut down cost and sunk cost.
Distinguish between Direct Labour cost and Indirect Labour cost.
Fixed cost per unit decreases when ______.
A cost that is easily traceable to a cost object is known as ______.
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
Write short notes on Variable Costs.
