MCQs: Economies of scale:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: In law of diminishing returns at least one factor:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Economies of scale are of two kinds:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Laws of return apply to firms working in:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: During short period, diminishing returns may follow because:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: When a firm using a fixed amount of land and capital takes on more workers, it finds that marginal product (MP) of labour falls but the average product (AP) of labour rises. This can be explained by the factors that:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Which of the following is example of external economies of scale?
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: The maximum point on TP curve is at quantity of labour where:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: In an economy government constructed a new water reservoir for the purpose of irrigation; this might be taken as:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: The necessary condition for equilibrium position of a firm is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Profit is maximum when:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Profit is maximum when:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Profit is maximum when:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: At the point of equilibrium of firm (under perfect competition):
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Normal profit is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Economic profit is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: A firm earns economic profit when total profit exceeds:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: The basic goal of a firm is to:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: A firm's MR exceeds its MC, maximum profit rule requires that firm to:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|
MCQs: Union leaders are in a better position to bargain for higher wages if demand for labour is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
|