A firm has a total cost of rs 7000 and variable cost rs 6000 for such unit product . what is the fixed cost?

Answer: 1000
Explanation

A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services ...

This question appeared in Past Papers (1 times)
This question appeared in Subjects (3 times)

Install this app on your device for quick access right from your home screen.