Question : Which total cost is highlighted in the given statement? Statement: It varies directly with output like payment for raw material, wages and power.
Option 1: Fixed cost
Option 2: Variable cost
Option 3: Semi variable cost
Option 4: None of the above
Correct Answer: Variable cost
Solution : Total cost includes three types of cost fixed costs,variable costs and semi variable costs. Fixed cost does not varies directly with level of output like rent or insurance. Variable cost varies directly with output like payment for raw material,wages,power,etc. Semi variable cost varies with output level but not indirect proportion like salary plus commission on sales.
Hence, option B is correct.
Question : Which of the following challenge to Indian environment is highlighted here? It is widespread in urban areas where as some areas have a high concentration of it due industries and thermal power plant.
Question : There are certain words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.
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Question : In the following passage, some blanks are given and against each blank five alternative words are suggested. Choose the correct alternative to complete the passage in a meaningful way.
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