Q369
Cost pattern, when production inputs are to be used in discrete functions, but quantities are fractional, will be categorized as
A.
continuously variable cost function
AnswerB.
fixed cost function
C.
mixed cost function
D.
semi variable cost function
Answer: Option A
Solution
Answer: Option A
Solution:
Cost pattern, when production inputs are to be used in discrete functions, but quantities are fractional, will be categorized as continuously variable cost function. A variable cost is a corporate expense that changes in proportion to production output.