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प्रश्न
What do you mean by fixed cost?
उत्तर
Fixed cost does not change with the change in the quantity of output. The expenses on fixed factors remain unchanged irrespective of the level of output and these expenses are called fixed costs.
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संबंधित प्रश्न
Cost functions are also known as ______ function.
Money cost is also known 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.
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.
