Which of the following is not true for the variable cost? Variable cost is zero when...
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Which of the following is not true for the variable cost? Variable cost is zero when output quantity is zero. Costs like insurance, license fees, etc. are examples of variable costs. Monthly rent of a factory space is a variable cost initially with increase in production variable, cost per quantity decreases but beyond some point it increases sharply. 0000 Which of the following is not true for the variable cost? Variable cost is zero when output quantity is zero. Costs like insurance, license fees, etc. are examples of variable costs. Monthly rent of a factory space is a variable cost initially with increase in production variable, cost per quantity decreases but beyond some point it increases sharply. 0000
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