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Whats means cost in maths |
Answer» Total COST = Fixed Cost + Variable CostStep-by-step explanation: Total Cost = Fixed Cost + Variable Cost Fixed Cost is the Cost that will incur even if no production/manufacturing Variable Cost - Cost Which vary with Produce Quantity A cost function is a mathematical formula for finding production EXPENSES for different production levels Total cost of production given a specific quantity produced. Like RENT is Fixed cost as need to be paid even if no production being done Raw material Cost is variable cost as raw material will be used as per produced Quantity only Per part assembly cost is also Variable Cost Learn More: The revenue function for a product is r =600q 0.5q2 and the cost ... Reshmi family booked Banquet Hall at NEW Delhi bus charges RS ... |
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