According to the theory of production and cost in business economics, cost can be of the following types.

CA Foundation · Business Economics · PYQS · May 2026
According to the theory of production and cost in business economics, cost can be of the following types.
(A) A. Fixed and variable
(B) B. Fixed and semi variable
(C) C. Fixed, variable and semi variable
(D) D. Variable and semi variable

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Fixed, variable and semi variable

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