arrow
arrow
arrow
When fixed cost doesn’t change with the change in output? I. Marginal cost would be minus. II. Marginal cost would be plus. III. Marginal cost would a
Question

When fixed cost doesn’t change with the change in output? I. Marginal cost would be minus. II. Marginal cost would be plus. III. Marginal cost would always be 0.

A.

Only III

B.

Only II

C.

All I, II and III

D.

Only I

Correct option is A

Marginal cost is unaffected by fixed costs since fixed costs remain constant regardless of output changes. Hence, marginal cost under these conditions is always 0.

Free Tests

Free
Must Attempt

Fundamentals of Food Safety: Definitions, Additives & Contaminants

languageIcon English
  • pdpQsnIcon30 Questions
  • pdpsheetsIcon30 Marks
  • timerIcon27 Mins
languageIcon English
Free
Must Attempt

UPSSSC Cane Supervisor Full Length Mock 01

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon120 Mins
languageIcon English
Free
Must Attempt

CUET PG Agribusiness Management (ABM) Full Mock Test : 01

languageIcon English
  • pdpQsnIcon75 Questions
  • pdpsheetsIcon300 Marks
  • timerIcon90 Mins
languageIcon English
test-prime-package

Access ‘MP RAEO/RHEO/SADO’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow