SlideShare a Scribd company logo
CostAnd
Costcurve
We will discuss about
1.what is cost?
2.Types of cost.
3.cost curve detail.
WHAT IS COST?
AN AMOUNT THAT HAS TO
BE PAID OR GIVEN UP IN
ORDER TO GET
SOMETHING.
Types of cost:
There are two type of cost in every
company
1.fixed cost [don’t change with the
amount produce]
2.Variable [do change with the amount
produce]
There is another called
total cost [ fixed cost + variable cost]
marginal cost [additional cost for additional
output]
So here is a chart of various cost
Now for the per unit cost we need
:
 Average variable cost [variable
cost/quantity]
 Average fixed cost [fixed
cost/quantity]
 Average total cost [total
cost/quantity]
For Per unit cost:
Cost curve for 5 unit production:
Cost and cost curve
Cost and cost curve

More Related Content

What's hot

Cost & Revenue
Cost & RevenueCost & Revenue
Cost & Revenue
Nithin Kumar
 
Cost n output relation
Cost n output relationCost n output relation
Cost n output relationTinku Kumar
 
Unit iii cost and revenue
Unit iii cost and revenueUnit iii cost and revenue
Unit iii cost and revenue
4512452
 
CONCEPTS OF COST
CONCEPTS OF COSTCONCEPTS OF COST
CONCEPTS OF COST
Sanjana Nayyar
 
Cost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and OutputCost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and Output
Dheeraj Rajput
 
break even
break evenbreak even
break evenjimsd
 
presentaion on types of cost
presentaion on types of cost presentaion on types of cost
presentaion on types of cost
GauravJotwani2
 
Theory of cost
Theory of costTheory of cost
Theory of cost
jesuslovesu
 
Cost and revenue
Cost and revenueCost and revenue
Cost and revenueKevin A
 
Cost output relationship
Cost  output relationshipCost  output relationship
Cost output relationship
sanjay kuamr
 
Presentation on Cost and Revenue
Presentation on Cost and RevenuePresentation on Cost and Revenue
Presentation on Cost and Revenue
Syed Zamin Ali Shah
 
Cost and Cost Concepts
Cost and Cost ConceptsCost and Cost Concepts
Cost and Cost Concepts
Paurav Shah
 
Long run Managerial Economics
Long run Managerial EconomicsLong run Managerial Economics
Long run Managerial EconomicsNethan P
 
Cost Revenue and Market Equilibrium
Cost Revenue and Market EquilibriumCost Revenue and Market Equilibrium
Cost Revenue and Market Equilibrium
Birendra Guragain
 
Theory of cost final
Theory of cost finalTheory of cost final
Theory of cost final
Tej Kiran
 
Cost and Cost Curve
Cost and Cost CurveCost and Cost Curve
Cost and Cost Curve
Bikash Kumar
 

What's hot (18)

Cost & Revenue
Cost & RevenueCost & Revenue
Cost & Revenue
 
Cost n output relation
Cost n output relationCost n output relation
Cost n output relation
 
Unit iii cost and revenue
Unit iii cost and revenueUnit iii cost and revenue
Unit iii cost and revenue
 
CONCEPTS OF COST
CONCEPTS OF COSTCONCEPTS OF COST
CONCEPTS OF COST
 
Long run average total costs Chapter 22
Long run average total costs Chapter 22Long run average total costs Chapter 22
Long run average total costs Chapter 22
 
Cost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and OutputCost Output Relationship; Estimation of Cost and Output
Cost Output Relationship; Estimation of Cost and Output
 
break even
break evenbreak even
break even
 
presentaion on types of cost
presentaion on types of cost presentaion on types of cost
presentaion on types of cost
 
Theory of cost
Theory of costTheory of cost
Theory of cost
 
AVERAGE COST
AVERAGE COSTAVERAGE COST
AVERAGE COST
 
Cost and revenue
Cost and revenueCost and revenue
Cost and revenue
 
Cost output relationship
Cost  output relationshipCost  output relationship
Cost output relationship
 
Presentation on Cost and Revenue
Presentation on Cost and RevenuePresentation on Cost and Revenue
Presentation on Cost and Revenue
 
Cost and Cost Concepts
Cost and Cost ConceptsCost and Cost Concepts
Cost and Cost Concepts
 
Long run Managerial Economics
Long run Managerial EconomicsLong run Managerial Economics
Long run Managerial Economics
 
Cost Revenue and Market Equilibrium
Cost Revenue and Market EquilibriumCost Revenue and Market Equilibrium
Cost Revenue and Market Equilibrium
 
Theory of cost final
Theory of cost finalTheory of cost final
Theory of cost final
 
Cost and Cost Curve
Cost and Cost CurveCost and Cost Curve
Cost and Cost Curve
 

More from Inamul Hossain Imran

Secondary storage.pptx
Secondary storage.pptxSecondary storage.pptx
Secondary storage.pptx
Inamul Hossain Imran
 
Region based segmentation
Region based segmentationRegion based segmentation
Region based segmentation
Inamul Hossain Imran
 
Thin film electroluminescent display
Thin film electroluminescent displayThin film electroluminescent display
Thin film electroluminescent display
Inamul Hossain Imran
 
CRT (Cathode ray tube)
CRT (Cathode ray tube)CRT (Cathode ray tube)
CRT (Cathode ray tube)
Inamul Hossain Imran
 
Color model
Color modelColor model
Computer graphics
Computer graphicsComputer graphics
Computer graphics
Inamul Hossain Imran
 
DDA (digital differential analyzer)
DDA (digital differential analyzer)DDA (digital differential analyzer)
DDA (digital differential analyzer)
Inamul Hossain Imran
 
Led (light emitting diode )
Led (light emitting diode )Led (light emitting diode )
Led (light emitting diode )
Inamul Hossain Imran
 
Virtual Blood Bank
Virtual Blood BankVirtual Blood Bank
Virtual Blood Bank
Inamul Hossain Imran
 
Compiler vs interpreter
Compiler vs interpreterCompiler vs interpreter
Compiler vs interpreter
Inamul Hossain Imran
 
Monopoly and monopolistic
Monopoly and monopolisticMonopoly and monopolistic
Monopoly and monopolistic
Inamul Hossain Imran
 
Monopolistic market
Monopolistic marketMonopolistic market
Monopolistic market
Inamul Hossain Imran
 
Oligopoly market
Oligopoly  marketOligopoly  market
Oligopoly market
Inamul Hossain Imran
 
Microeconomics vs macroeconomics
Microeconomics vs macroeconomicsMicroeconomics vs macroeconomics
Microeconomics vs macroeconomics
Inamul Hossain Imran
 
Historical Significance of Ahsan Manzil
Historical Significance of  Ahsan ManzilHistorical Significance of  Ahsan Manzil
Historical Significance of Ahsan Manzil
Inamul Hossain Imran
 
Measures of dispersions
Measures of dispersionsMeasures of dispersions
Measures of dispersions
Inamul Hossain Imran
 
Sequential circuits
Sequential circuitsSequential circuits
Sequential circuits
Inamul Hossain Imran
 
Agriculture in bangladesh
Agriculture in bangladeshAgriculture in bangladesh
Agriculture in bangladesh
Inamul Hossain Imran
 
Properties of relations
Properties of relationsProperties of relations
Properties of relations
Inamul Hossain Imran
 
Graph and tree
Graph and treeGraph and tree
Graph and tree
Inamul Hossain Imran
 

More from Inamul Hossain Imran (20)

Secondary storage.pptx
Secondary storage.pptxSecondary storage.pptx
Secondary storage.pptx
 
Region based segmentation
Region based segmentationRegion based segmentation
Region based segmentation
 
Thin film electroluminescent display
Thin film electroluminescent displayThin film electroluminescent display
Thin film electroluminescent display
 
CRT (Cathode ray tube)
CRT (Cathode ray tube)CRT (Cathode ray tube)
CRT (Cathode ray tube)
 
Color model
Color modelColor model
Color model
 
Computer graphics
Computer graphicsComputer graphics
Computer graphics
 
DDA (digital differential analyzer)
DDA (digital differential analyzer)DDA (digital differential analyzer)
DDA (digital differential analyzer)
 
Led (light emitting diode )
Led (light emitting diode )Led (light emitting diode )
Led (light emitting diode )
 
Virtual Blood Bank
Virtual Blood BankVirtual Blood Bank
Virtual Blood Bank
 
Compiler vs interpreter
Compiler vs interpreterCompiler vs interpreter
Compiler vs interpreter
 
Monopoly and monopolistic
Monopoly and monopolisticMonopoly and monopolistic
Monopoly and monopolistic
 
Monopolistic market
Monopolistic marketMonopolistic market
Monopolistic market
 
Oligopoly market
Oligopoly  marketOligopoly  market
Oligopoly market
 
Microeconomics vs macroeconomics
Microeconomics vs macroeconomicsMicroeconomics vs macroeconomics
Microeconomics vs macroeconomics
 
Historical Significance of Ahsan Manzil
Historical Significance of  Ahsan ManzilHistorical Significance of  Ahsan Manzil
Historical Significance of Ahsan Manzil
 
Measures of dispersions
Measures of dispersionsMeasures of dispersions
Measures of dispersions
 
Sequential circuits
Sequential circuitsSequential circuits
Sequential circuits
 
Agriculture in bangladesh
Agriculture in bangladeshAgriculture in bangladesh
Agriculture in bangladesh
 
Properties of relations
Properties of relationsProperties of relations
Properties of relations
 
Graph and tree
Graph and treeGraph and tree
Graph and tree
 

Recently uploaded

Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
Peter Windle
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Po-Chuan Chen
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
Jisc
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
Special education needs
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
joachimlavalley1
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
EduSkills OECD
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
Atul Kumar Singh
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
Balvir Singh
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
DhatriParmar
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
Celine George
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
vaibhavrinwa19
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
Peter Windle
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
beazzy04
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
timhan337
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
Vivekanand Anglo Vedic Academy
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
MIRIAMSALINAS13
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
Nguyen Thanh Tu Collection
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
RaedMohamed3
 

Recently uploaded (20)

Embracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic ImperativeEmbracing GenAI - A Strategic Imperative
Embracing GenAI - A Strategic Imperative
 
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdfAdversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
Adversarial Attention Modeling for Multi-dimensional Emotion Regression.pdf
 
Supporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptxSupporting (UKRI) OA monographs at Salford.pptx
Supporting (UKRI) OA monographs at Salford.pptx
 
special B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdfspecial B.ed 2nd year old paper_20240531.pdf
special B.ed 2nd year old paper_20240531.pdf
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 
Francesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptxFrancesca Gottschalk - How can education support child empowerment.pptx
Francesca Gottschalk - How can education support child empowerment.pptx
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
Language Across the Curriculm LAC B.Ed.
Language Across the  Curriculm LAC B.Ed.Language Across the  Curriculm LAC B.Ed.
Language Across the Curriculm LAC B.Ed.
 
Operation Blue Star - Saka Neela Tara
Operation Blue Star   -  Saka Neela TaraOperation Blue Star   -  Saka Neela Tara
Operation Blue Star - Saka Neela Tara
 
The Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptxThe Accursed House by Émile Gaboriau.pptx
The Accursed House by Émile Gaboriau.pptx
 
How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17How to Make a Field invisible in Odoo 17
How to Make a Field invisible in Odoo 17
 
Acetabularia Information For Class 9 .docx
Acetabularia Information For Class 9  .docxAcetabularia Information For Class 9  .docx
Acetabularia Information For Class 9 .docx
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
A Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in EducationA Strategic Approach: GenAI in Education
A Strategic Approach: GenAI in Education
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 
Honest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptxHonest Reviews of Tim Han LMA Course Program.pptx
Honest Reviews of Tim Han LMA Course Program.pptx
 
The French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free downloadThe French Revolution Class 9 Study Material pdf free download
The French Revolution Class 9 Study Material pdf free download
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
 
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
BÀI TẬP BỔ TRỢ TIẾNG ANH GLOBAL SUCCESS LỚP 3 - CẢ NĂM (CÓ FILE NGHE VÀ ĐÁP Á...
 
Palestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptxPalestine last event orientationfvgnh .pptx
Palestine last event orientationfvgnh .pptx
 

Cost and cost curve

  • 2. We will discuss about 1.what is cost? 2.Types of cost. 3.cost curve detail.
  • 3. WHAT IS COST? AN AMOUNT THAT HAS TO BE PAID OR GIVEN UP IN ORDER TO GET SOMETHING.
  • 4. Types of cost: There are two type of cost in every company 1.fixed cost [don’t change with the amount produce] 2.Variable [do change with the amount produce] There is another called total cost [ fixed cost + variable cost] marginal cost [additional cost for additional output]
  • 5. So here is a chart of various cost
  • 6.
  • 7. Now for the per unit cost we need :  Average variable cost [variable cost/quantity]  Average fixed cost [fixed cost/quantity]  Average total cost [total cost/quantity]
  • 8. For Per unit cost:
  • 9. Cost curve for 5 unit production: