Question

Explain the meaning of fixed,variable and semi variable cost with examples

Answer 1

Heya Mate

A semi-variable cost is a cost that contains both fixed and variable cost elements. The fixed element of the cost will be incurred repeatedly over time, while the variable element will only be incurred as a function of activity volume.

Electricity is a good example of a semi-variable cost.

#Sourav

Answer 2

Jiska man Kabhi Nahi Badalta Hai fixed variable Aur vitamin Hamesha Badalta rehta hai semi variable