Which of the following is true ?

Miscellaneous Economics Mcqs 20/08/2021

A. If the marginal cost is greater than the average cost the average cost falls
B. If the marginal cost is greater than the average cost the average cost increase
C. If the marginal cost is positive total costs are miximised
D. If the marginal cost is negative total costs increase at a decreasing rate if output increases

Related Mcqs:

    It is true of science that_______________?
    A. it is body of knowledge organized in a logical manner B. it is not concerned with the method of acquiring knowledge C. id does not include the method of investigation D. its content is more important than its method...
    Pivotal institutions_________________?
    A. arise from fundamental human needs B. include government the economy education the family and religion C. differ in traits and culture complexes from society to society D. all of the above...
    The from of interaction that occurs when two or more individuals try to possess a scarce object or value is_____________?
    A. violence B. coercion C. contest D. competition...
    Mead,s”I” ?
    A. corresponds to Freud,s”ego” B. emerged before the “me” C. eventually completely merges with the “me” D. all of the above...
    The system of distributing political power between a central national government and the governments of the geographical regions of the nation is called ?
    A. confederacy B. federalism C. centralism D. Unitarianism...

Leave a Reply

Your email address will not be published. Required fields are marked *