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CBSECommerce (English Medium) Class 12
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Syllabus

Define Variable Cost. - Economics

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Question

Define variable cost.

Solution

Costs incurred on variable factors such as labour are called variable costs.

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Cost -variable Cost
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Q 1
2013-2014 (March) All India Set 3

APPEARS IN

2013-2014 (March) All India Set 3 (with solutions)
Q 1 | 1 mark
2013-2014 (March) Foreign Set 1 (with solutions)
Q 3 | 1 mark

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