Question

7.) What do you mean ,
industries? Explain
its varia you
types?​

Answer 1

Answer:

variable cost is a corporate expense that changes in proportion to production output. Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging. A variable cost can be contrasted with a fixed cost.

Answer 2

Answer:

Industries is the production of goods in factories.

Various types of industries are :-

• Primary - Industries which deal with obtaining or offering raw materials which are processed as commodities for the customers. example:- Farming, Fishing....

• Secondary - Industries whigh are essentially manufacturing or assembling industries. It receives raw materials from Primary Industries and process them into commodities for consumers. example:- food manufacturing, Textile manufacturing....

• Territary :- This industries act as a support system to the Primary and Secondary industries. It is also known as the service industries or service sector. example:- banking, transport....

hope it helps you✌