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प्रश्न
Define cost.
उत्तर
Cost refers to the total expenses incurred in the production of a commodity.
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संबंधित प्रश्न
Cost functions are also known as ______ function.
Money cost is also known as ______ cost.
Explicit cost plus implicit cost denote _______ cost.
The costs of self–owned resources are termed as ________ cost.
The cost that remains constant at all levels of output is _____ 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 function.
What do you mean by fixed cost?
Explicit Cost - Define.
Give the definition for ‘Real Cost’.
What is meant by Sunk cost?
Distinguish between fixed cost and variable cost.
Define opportunity cost and provide an example.
