Total increase from Rs500 to Rs600 When output increases from 20 to 30 units Fixed costs are Rs200 Which of the following is true ?

Related Mcqs:

Which best describes price discrimination ?

A. Charging different prices for different products B. Charging the same prices for different products C. Charging the same prices for same products D. Charging different prices for the same products...

If firms earn normal profits ?

A. They will aim to leave the industry B. Other firms will join the industry C. The revenue equal total costs D. No profit is made is accounting terms...

In macroeconomics, equilibrium is defined as that point at which ?

A. aggregate output equals consumption minus investment B. saving equals consumption C. Planned aggregate expenditure equals aggregate output D. planned aggregate expenditure equals consumption...

Which of the following is FALSE? Scientific observation ?

A. must proceed systematically B. must occur under controlled conditions C. yields valid date with classification organization or recording D. is open to anyone who wants to pursue it...

Social control through the enforcement of norms works because ?

A. everyone fears pain and embarrassment B. individuals are anxious to be accepted C. people need to be manipulated D. independent though and action are too hard...