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Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost1 Mark
MCQ
Which cost increases continuously with the increase in production?
  • A
    Average cost.
  • B
    Marginal cost.
  • C
    Fixed cost.
  • ✓
    Variable cost.
✓

Answer

Correct option: D.
Variable cost.

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