The cost which is never zero even when production is stopped is known as:

CA Foundation · Business Economics · MTP · May 2026
The cost which is never zero even when production is stopped is known as:
(A) A. Supplementary Cost
(B) B. Prime Cost
(C) C. Explicit cost
(D) D. Implicit cost

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Prime Cost

Topics: Theory of Production and Cost

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic