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प्रश्न
Which cost decreases with increase in the volume of output?
पर्याय
Variable cost
Fixed cost
Revenue cost
Smart cost
MCQ
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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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Classification of Costs
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संबंधित प्रश्न
Write a short note on direct costs.
Variable cost is a cost that ______.
The cost remains same at all levels of output is called ______ cost.
Which of the following cost is time based?
Which definition best describes indirect costs?
Fixed cost is a cost which remains same at ______.
What is opportunity cost?
Distinguish between direct costs and indirect costs.
Distinguish between Direct Labour cost and Indirect Labour cost.
Explain with an example the meaning of fixed costs.
