Advertisements
Advertisements
प्रश्न
Define cost.
उत्तर १
Costs are the total of expenditure incurred by the producer in producing a good. It includes the cost of factor inputs and non-factor inputs of the production of a good.
shaalaa.com
उत्तर २
Cost of production is the expenditure incurred by a firm on the factor inputs such as land, labour, capital and entrepreneur and non-factor inputs such as raw materials for the production of a good.
shaalaa.com
Cost - Fixed Cost
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
