The distinction between variable cost and fixed cost is relevant only in

Related MCQs

• Variable cost per unit
• Fixed cost per unit increases when
• In…………..pricing fixed cost are excluded.
• Whenever marginal cost is more than …………average total cost is falling:
• Whenever ………..is greater than average total cost, average total cost is rising.
• Which of the following is not a variable input
• Variable costs are:
• If the short-run average variable costs of production for a firm are rising, then this indicates that:
• The “law of variable proportion” is first explained by
• Which of the following is not a variable input?