Start learning →

A cost that does not change with the level of output is called what?

APrime cost
BVariable cost
CMarginal cost
DFixed cost
Answer & Solution
Correct answer: D. Fixed cost
Such expenses stay the same whether the firm makes a little or a lot, which defines a fixed cost.
Practise this question with Quill — CA Foundation →

Keep practising Production And Cost

Browse all Production And Cost questions for CA Foundation, or explore more Business Economics topics.

Start a Production And Cost lesson →
Related questions