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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The cost that remains constant at all levels of output is _____ cost. - Economics

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Question

The cost that remains constant at all levels of output is _____ cost.

Options

  • fixed

  • variable

  • real

  • social

MCQ
Fill in the Blanks

Solution

The cost that remains constant at all levels of output is fixed cost.

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Cost Concepts
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Chapter 4: Cost and Revenue Analysis - Model Questions - Part A [Page 95]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 4 Cost and Revenue Analysis
Model Questions - Part A | Q 7 | Page 95
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