The component of total cost, which never changes with change in level of production is classified as Options: A . &nbspfixed cost B . &nbspconstant C . &nbspvariable D . &nbspboth a and b

The component of total cost, which never changes with change in level of product

Question - The component of total cost, which never changes with change in level of production is classified as

Options:

A . fixed cost

B . constant

C . variable

D . both a and b

Answer: Option A
Answer: (a).fixed cost

Was this answer helpful ?

Next Question