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प्रश्न
Differentiate fixed cost from variable cost.
फरक स्पष्ट करा
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उत्तर
| Point of Difference | Fixed Cost | Variable Cost |
| Meaning | Cost that does not change with the level of output. | Cost that changes with the level of output. |
| Dependence on Output | Fixed costs remain constant, regardless of production level. | Variable costs increase or decrease as output changes. |
| Examples | Rent, salaries of permanent staff, insurance, and depreciation. | Raw materials, electricity (used for production), and wages. |
| Nature | Fixed in the short run. | Varies with the level of production. |
| Also Called | Overhead costs. | Direct costs or operational costs. |
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