Home » Economics » In a textile factory, the cost of cotton used is a typical example ofIn a textile factory, the cost of cotton used is a typical example of In a textile factory, the cost of cotton used is a typical example of A. an average cost B. a variable cost C. a fixed cost D. a total cost Correct Answer: Option B Explanation Related Posts Gresham’s law in economics shows that A greater burden of the taxes on essential goods is borne by the If a government wants to reduce the level of inflation, it will? Scale of preference refers to? Economics is regarded as a social science because it? The economic goal of public utilities is to?
