Economy, asked by dineshkrishnav, 11 months ago

difference between fixed cost and variable cost​

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Answered by shivam88635
5

Answer:

Variable costs vary based on the amount of output, while fixed costs are the same regardless of production output. Examples of variable costs include labor and the cost of raw materials, while fixed costs may include lease and rental payments, insurance, and interest payments.

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Answered by MrReviver
7

Answer:

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