Examveda
Examveda

In linear cost function, fixed cost is considered as

A. constant

B. variable

C. exponent

D. base

Answer: Option A

Solution(By Examveda Team)

In linear cost function, fixed cost is considered as constant. Fixed costs refer to costs that do not vary with production volume. They remain relatively constant regardless of the company's level of production or business activity.

This Question Belongs to Commerce >> Costing

Join The Discussion

Related Questions on Costing