Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
160 views
in Economics by (62.4k points)
closed by
Distinguish between fixed costs and variable costs. Give two examples of each.

1 Answer

0 votes
by (74.9k points)
selected by
 
Best answer
Fixed Cost is definite; it will incur even when there is no units are produced.On the other hand, variable cost remains constant in per unit. Examples of fixed cost are rent, tax, etc. Examples of variable cost are packing expenses, material consumed, etc.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...