Download App

MICROECONOMICS CH : 8 CONCEPTS OF COST — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 8 CONCEPTS OF COST1 Mark
Question
Classify the following as fixed cost and variable cost:
Bonus provided to salesmen on the basis of units sold.
✓

Answer

Variable Cost

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from MICROECONOMICS CH : 8 CONCEPTS OF COST→MICROECONOMICS CH : 8 CONCEPTS OF COST — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Give the formula for computation of Karl Pearson's Coefficient of correlation, when deviations are taken from mean.
→
Assuming the base period to be 2011-12, the index number of 2015-16 is computed as 300. What does it imply?
→
Give any one merit of collecting data through personal inter views.
→
What does the total area under a frequency curve represent?
→
Which index number is used to calculate purchasing power of money and real wage?
→
Give the meaning of Mid-value.
→
Give two examples of statements which are not statistics.
→
If the demand for Good-Y increases as price of another Good-X rises, how are the two goods related?
→
Fiscal deficit is a vice not a virtue.(Positive, Normative )
→
Define production cost.
→