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प्रश्न
What is meant by Sunk cost?
उत्तर
A cost incurred in the past and cannot be recovered in the future is called a sunk cost.
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संबंधित प्रश्न
Money cost is also known as ______ cost.
Explicit cost plus implicit cost denote _______ cost.
Explicit costs are termed as
The costs of self–owned resources are termed as ________ cost.
The cost that varies with the level of output is termed as _______ cost.
Wage is an example for ________ cost of the production.
When price remains constant, AR will be ________ MR.
Define cost.
Define cost function.
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Explicit Cost - Define.
Give the definition for ‘Real Cost’.
Distinguish between fixed cost and variable cost.
State the differences between money cost and real cost.
Distinguish between explicit cost and implicit cost.
Define opportunity cost and provide an example.
