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प्रश्न
The cost which changes as per the levels of production is ______.
पर्याय
Variable cost
Fixed cost
Total cost
Implicit cost
उत्तर
The cost which changes as per the levels of production is variable cost.
Explanation:
Variable costs are the costs which vary directly in proportion to changes in the volume of output. Cost of direct material and direct labour, power, etc., are examples of variable costs. When the output is double, variable cost will also be double.
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संबंधित प्रश्न
Give one example of Variable cost.
"A fixed cost is a cost that a business must pay whether it produces one product or a million. Regardless of output, the business must pay the same," amount spent to purchase a machinery is the example of ______ cost.
The cost which does not vary proportionately but do not remain constant with changes in the volume of output are known as ______ cost.
Telephone cost is an example of ______ cost.
______ cost is activity based. It increases with increase in output.
Costs like rent, insurance etc. which do not change inspite of changes in the volume of output are ______ costs.
What is semi-variable cost?
Give one example of semi-variable cost.
Distinguish between variable cost and semi-variable cost.
What is Variable cost?
