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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
Distinguish between Fixed cost and Variable cost.
Describe cost on the basis of behaviour.
The cost remains same at all levels of output is called ______ cost.
Which definition best describes indirect costs?
Distinguish between direct costs and indirect costs.
The term “variable costs” refers to ______.
Fixed cost per unit decreases when ______.
What is meant by variable cost?
Classify cost according to its nature.
Explain with an example the meaning of fixed costs.
