Test: Theory Of Cost- 3 - CA Foundation MCQ
30 Questions MCQ Test Business Economics for CA Foundation - Test: Theory Of Cost- 3
A firm producers 10 units of a commodity at an average total cost of Rs. 200 and with a fixed cost of Rs. 500. Find out the component of average variable cost in the total cost:
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A firm will close down in the short period if its average revenue is less than its:
The average fixed cost for producing an output of 6 units of a product by a firm is Rs. 30. The same cost for producing an output of 4 units will be Rs. _________.
Which of the following cost curve will slope downward and does not touch the x-axis?
Consider the following data
The Average Variable Cost (AVC) for an output of 4 units will be:-
Payment made to outsiders for their goods and services are called :
When AC curve is rising, the MC curve must be ________ to it
What will be the total fixed cost for the production of three units as per the details given below?
A firm encountering economies of scale over some range of output will have a:
In which of the following cases opportunity cost concept applies?
Which statement among below is correct in reference in Average Fixed Cost
What will be the TVC if we produce 2 units?
Units 0 1 2
TC 20 37 50
When shape of average cost curve is upward, marginal cost :
Payment made to outsiders for their goods and services are called :
A firm’s average fixed cost is Rs. 40 at 12 units. What will be the average fixed cost at 8 units:
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124 videos|191 docs|88 tests
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