The component of total cost, which never changes with change in level of production is classified as Options: A . &nbspfixed cost B . &nbspconstant C . &nbspvariable D . &nbspboth a and b

The component of total cost, which never changes with change in level of product

Question

The component of total cost, which never changes with change in level of production is classified as

Options:

A . fixed cost

B . constant

C . variable

D . both a and b

Answer: Option A
Answer: (a).fixed cost

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