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Production and cost — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost1 Mark
Question
Cost function explain the relationship between:
  1. Income and expenditure.
  2. Input and output.
  3. Fixed cost and variable cost.
  4. Output and cost of production.
✓

Answer

  1. Output and cost of production.

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