Cost function, in which graph of total cost would not result in straight line is classified as

A nonlinear cost function
B linear cost function
C linear price function
D nonlinear price function

Correct Answer: nonlinear cost function

Cost function, in which graph of total cost would not result in straight line is classified as nonlinear cost function. A nonlinear cost function is a cost function where, within the relevant range, the graph of total costs versus the level of a single activity related to that cost is not a straight line.
Bissoy MCQ
#Commerce #Costing

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