Home › Bihar Board Class 12 (Arts) › Economics › Introduction to Economics › Raw materials and delivery charges are examples …
Raw materials and delivery charges are examples of which type of cost?
AVariable cost
BFixed cost
CSunk cost
DOverhead cost
Answer & Solution
Correct answer: A. Variable cost
Raw material and delivery costs rise and fall as output changes, so they are variable costs.
Related questions
In the AD-AS model, the aggregate demand curve slopes in which direction?Which model, invented by John Hicks in 1936, shows equilibrium in goods and money markets?Government spending that limits resources for private firms is an example of what?Fiscal policy uses which two instruments to influence the economy?Expansionary monetary policy does what to interest rates?Central banks conduct monetary policy mainly by adjusting what?Stabilization policy mainly uses which two sets of tools?The long-run emphasis in macroeconomics is on determinants of what?