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Question
Find the odd word
Cost concepts -
Options
Total Cost
Marginal Cost
Average Cos
Production Cost
Solution
Production cost
RELATED QUESTIONS
Give economic terms:
The cost incurred on fixed factor.
Give economic terms:
The cost incurred per unit of output.
Give economic term:
Net addition made to the total cost of production.
Explain the concept of total cost and total revenue.
Give economic term:
Net addition made to the total cost by producing one more unit of output.
Net addition made to total cost by producing one more unit of output is ______.
Distinguish Between
Total cost and Total revenue
The cost incurred by the firm to promote sales ______
Give an economic term:
The cost incurred on raw material.
Identify and explain the concept from the given illustration:
Hritik paid an additional cost of ₹75 for manufacturing an additional unit of glassware.
Define the term 'cost'.
What is meant by research and development costs?
