To be Productively efficient a firm must produce where ?

Related Mcqs:

In the long term a firm will produce provided the revenue covers ?

A. Fixed costs B. Variable costs C. Total costs D. Revenue...

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

A. Marginal cost is Rs20 B. Average cost rises C. Variable cost rises by Rs200 D. Average fixed cost was Rs10originally...

The marginal propensity to save (MPS) is ?

A. the average amount of income that is saved B. the fraction of a change in income that is saved C. the ratio of saving to income D. the ratio of income to saving...

Knowing the workings of a car engine represents which kind of knowledge ?

A. normative B. cognitive C. rule oriented D. value oriented...

Weber,s abstract model of bureaucracy entails______________?

A. task specialization governed by explicit rule B. a pyramid of authority based on inherited privilege C. leadership by a self-appointed D. None of the above...