English

Justify the following sentence for or against and give a reason: There are certain costs which are neither totally fixed nor fully variable.

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Questions

Justify the following sentence for or against and give a reason:

There are certain costs which are neither totally fixed nor fully variable.

There are certain costs which are neither totally fixed nor fully variable. Justify for or against and give a reason.

Give Reasons
Justify
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Solution

For: Semi-variable costs, such as electricity charges, consist of a fixed monthly membership fee and a variable cost that depends on usage. These costs are a combination of fixed and variable components.

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Chapter 8: Fundamental Concepts of Cost - EXERCISES [Page 139]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 8 Fundamental Concepts of Cost
EXERCISES | Q 13. | Page 139
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