Which statement is correct in relation to fixed costs per unit of output?  Correct Answer  They decline as the level of output increases You Answered  They stay the same irrespective of the level of output   They increase as the level of output increases   They are semi-variable with the level of output

28.Average fixed cost:  A. Increases as output increases  B. Remains the same whatever the level of output  C. Diminishes as output increases  D. Diminishes as output diminishes

As output increases, fixed cost per unit:Group of answer choicesremains constant.increases.equals to fixed costs.decreases.

Which of the following terms describes a cost that changes with the level of output?Fixed CostVariable CostSunk CostOpportunity Cost

The fixed cost per unit increases when. (प्रति इकाई स्थायी लागत में निम्न में से कब वृद्धि होती है?)a.Scale of production decreased (उत्पादन की मात्रा घटने पर)b.Scale of production increases (उत्पादन की मात्रा बढ़ने पर)c.Scale of production is unchanged (उत्पादन की मात्रा स्थिर रहने पर)d.None of the above (उपर्युक्त में कोई नहीं)

Which of the following best describes a fixed cost? A cost which:Represents a fixed proportion of total costsRemains at the same level up to a particular level of outputHas a direct relationship with output.Remains at the same level when output increases.