types of productoon cost ?
Answers
Answered by
5
1. Fixed Cost
2. Variable Cost
3. Average Cost
4. Total Cost
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Answered by
1
Answer:
Types of Costs of Production
Fixed Costs. Fixed costs are costs that don't change with the quantity of output produced. ...
Variable Costs. Variable costs are costs that change with the quantity of output produced. ...
Total Cost. Total cost describes the sum of total fixed costs and total variable costs. ...
Average Cost.
Marginal Cost. ...
In a Nutshell.
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