11th Class Principles of Economics MCQS Part I: Firm's Expenditures (Costs), Production and Receipts (Income) Online Test 2

3-cp-3-e-the-costs-which-the-firm-has-to-bear-in-every-condition-in-the-short-period-2-c-are-called-3-a-3-c-2-fp-3-e_-_3-cp-3-efixed-costs-3-c-2-fp-3-e,3-cp-3-e-the-income-2-c-which-a-person-can-use-according-to-his-will-2-c-is-called-3-a-3-c-2-fp-3-e_-_3-cp-3-e-disposable-personal-income-3-c-2-fp-3-e,3-cp-3-e-when-no-satisfaction-is-attained-by-the-consumption-of-a-commodity-2-c-its-marginal-utility-is-5-c-5-c-3-a-3-c-2-fp-3-e_-_3-cp-3-ezero-3-c-2-fp-3-e,3-cp-3-e-when-supply-increases-due-to-other-factors-besides-price-2-c-it-is-called-3-a-3-c-2-fp-3-e_-_3-cp-3-e-rise-of-supply-3-c-2-fp-3-e,3-cp-3-e-when-ther-is-big-change-in-demand-and-price-of-a-commodity-2-c-it-is-called-3-a-3-c-2-fp-3-e_-_3-cp-3-eincome-elasticity-3-c-2-fp-3-e,3-cp-3-e-when-total-product-is-increasing-2-c-marginal-product-3-a-3-c-2-fp-3-e_-_3-cp-3-e-positive-3-c-2-fp-3-e,3-cp-3-e-which-feature-of-a-commodity-to-satisfy-human-want-is-called-3-f-3-c-2-fp-3-e_-_3-cp-3-eutility-3-c-2-fp-3-e,3-cp-3-e-which-kind-of-problem-is-discussed-in-macro-economics-3-f-3-c-2-fp-3-e_-_3-cp-3-einternational-trade-3-c-2-fp-3-e,3-cp-3-e-who-did-give-economics-the-status-of-positive-science-3-a-3-c-2-fp-3-e_-_3-cp-3-e-robbins-3-c-2-fp-3-e,3-cp-3-e-who-did-present-marginal-productivity-theory-3-f-3-c-2-fp-3-e_-_3-cp-3-e-marshall-and-j-b-clark-3-c-2-fp-3-e,dividing-total-costs-by-the-units-of-output-is-attained-3-a_-_average-costs,in-short-run-2-c-average-cost-curve-is-3-a_-_u-shaped,in-short-run-2-c-fixed-cost-curve-has-the-tendency-3-a_-_parallel-to-ox-axis,number-of-firms-under-monopoly-is-3-a_-_one,prices-of-raw-material-2-c-wages-of-temporary-labourers-2-c-transport-costs-etc-2-c-are-called-3-a_-_variable-costs,rent-of-the-building-2-c-interest-of-the-capital-and-salaries-of-the-permanent-staff-etc-are-called-3-a_-_fixed-costs,slopeo-of-average-and-marginal-revenue-curves-under-monoply-is-3-a_-_negative,the-change-in-total-cost-is-called-3-a_-_average-total-cost,the-costs-which-increase-with-the-increase-in-output-and-decrease-with-the-decrease-in-output-are-called-3-a_-_variable-costs,the-difference-between-total-revenues-28-tr-29-and-total-costs-28-tc-29-is-called-3-a_-_profit,the-number-of-laws-of-costs-is-3-a_-_three,when-a-firms-average-total-cost-is-equal-to-price-2-c-then-it-is-called-as-3-a_-_normal-profit,when-average-cost-falls-2-c-marginal-cost-is-average-cost-3-a_-_more-than,when-average-cost-is-minimum-2-c-marginal-cost-is-average-cost-3-a_-_equal-to,which-is-the-demand-curve-of-a-firm-3-a_-_average-revenue-curve-28-ar-29