Semi-variable cost

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Revision as of 15:22, 3 April 2021 by imported>Doug Williamson (Add link.)
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A semi-variable cost has a fixed element and a variable element.

An example of this would be a telephone bill with a fixed line rental plus a rate per unit used.

If the total semi-variable cost were plotted on the y-axis of a graph, with the x-axis being the level of activity, the shape of the cost curve would be an upward-sloping ramp.


See also