11th Principles of Economics MCQS Chapter 6

11th Principles of Economics MCQS
Image Courtesy By Freepik
Ads by Google Adsense

Respected members,
11th Principles of Economics MCQS Available Here. In this pages your can get 11th Principles of Economics MCQS with Answers.
You can read and practice, 11th Principles of Economics MCQS on Different Topic,
We make Online question bank with the help of experienced teachers and subject specialists.

FG Study / Quiz is also very useful website for online Quiz and Test sessions. Where FG STUDY Team Design and Develop large Database and Content Management System for the quizzes. We provide wide scale online quiz System for various educational and professional examination. If you are interested please visit our site FG Study Quiz

Remember That The FG STUDY Team Always provide unique and useful content for students. If you have any question or problem do not hesitate to contact us, we will be happy to reply, Thanks

The costs which increase with the increase in output and decrease with the decrease in output, are called
Marginal cost
Fixed costs
Variable costs
Average costs

The costs which a firm bear only in case of producing commodities
Total costs
Average fixed cost
Fixed costs
Variable costs

When average cost falls, marginal cost is – – – – – – average cost
More than
Equal to
None of three
Less than

When total revenue is maximum, marginal revenue is

When production of a firm increases then total variable costs
Do not change
Remain constant

Under monopoly average revenue curve remains the marginal revenue curve
None of these

Total expenditures which a firm bear to produce a particular quantity of output
Total costs
Fixed costs
Variable costs
Average fixed cost

Which one of the following represents fixed cost
Price of raw material
Wages of permanent labour
Capital goods

Dividing total costs by the units of output is attained
Marginal cost
Average variable cost
Average fixed cost
Average cost

Average cost curve is in short run
Negative sloped
Positive sloped

Continue Reading Go to Next Page

Ads by Google Adsense