Total increase from Rs500 to Rs600 When output increases from 20 to 30 units Fixed costs are Rs200 Which of the following is true ?
Total increase from Rs500 to Rs600 When output increases from 20 to 30 units Fixed costs are Rs200 Which of…
Total increase from Rs500 to Rs600 When output increases from 20 to 30 units Fixed costs are Rs200 Which of…
If marginal cost is positive and falling ? A. Total cost is fallingB. Total cost is increasing at a falling…
The first level of output at which the long run average cost are minimized is called ? A. The Minimum…
The law of diminishing returns assumes ? A. There are no fixed factors of production B. There are no variable…
An outward shift of the production possibility frontier may be caused by ? A. An increase in demand B. More…
The resources in an economy are ? A. Constantly increasingB. Fixed at any moment C. Constantly decreasing D. Able to…
An economy may operate outside the production possibility Frontier if ? A. It is not utilizing its resources fully B.…
In a free market the combination of products produced will be determined by ? A. Market forces of supply and…
Economic growth can be shown by ? A. An inward shift of the production possibility frontier B. A movement along…
A way of helg depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as…