Economics · Theory of Cost

Which of the following formulas correctly states the relationship between types of costs?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1TC = TVC / TFC
2TC = TVC * TFC
3TC = TVC - TFC
4TC = TVC + TFC✓

Correct answer

TC = TVC + TFC

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Start Free Mock Test →

Chapter Practice

Want more practice questions on Theory of Cost?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Theory of Cost MCQs →

Recommended practice questions in Economics · Theory of Cost

Browse More Economics →

Which of the following events is considered a major turning point that fueled Indian nationalism during British rule due to its brutal nature and widespread condemnation?

Solve Question→

Which of the following events is considered the first major peasant uprising against the British in India?

Solve Question→

Which of the following formulas correctly states the relationship between types of costs?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

Which of the following formulas correctly states the relationship between types of costs?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions