Economy, asked by kaushik69, 1 year ago

What is fixed cost, variable cost, capital cost​

Answers

Answered by Anonymous
5

Answer:

Fixed costs often include rent, buildings, machinery, etc. Variable costs are costs that vary with output. Generally variable costs increase at a constant rate relative to labor and capital. Variable costs may include wages, utilities, materials used in production, etc.

follow me


kaushik69: thanks
Anonymous: No need
Answered by anisha6231
2

fixed cost :- fixed cost are often include rent ,buildings ,machinery etc..

variable cost are cost that vary with output general variable cost increase at a constant rate related to labour and

capital variable cost may include wedges utilites materials used in production etc..

hope it helps you follow


kaushik69: thanks
kaushik69: what is wedges and utilis
kaushik69: sorry utilis meaning
Similar questions