Cost which remains unchanged, in proportion to level total volume of production is classified as

A. total cost

B. infeasible cost

C. fixed cost

D. variable cost

Answer: Option C

Solution(By Examveda Team)

Cost which remains unchanged, in proportion to level total volume of production is classified as fixed cost. A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities.