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प्रश्न
Which cost decreases with increase in the volume of output?
पर्याय
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.
Variable cost is a cost that ______.
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.
Direct cost increases when ______.
Distinguish between direct costs and indirect costs.
Distinguish between Direct Labour cost and Indirect Labour cost.
Fixed cost is a cost which ______.
Fixed cost per unit decreases when ______.
Classify cost according to its nature.
Explain with an example the meaning of fixed costs.
