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Cost Of Production and Concept of Revenue — Economics STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsCost Of Production and Concept of Revenue1 Mark
MCQ
When production is zero then which cost is positive?
  • A
    Monetary cost
  • B
    Average cost
  • ✓
    Variable cost
  • D
    Fixed cost
✓

Answer

Correct option: C.
Variable cost

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