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Cost of Production Test 01 Preparation Online

— May 21, 2018 in Economics • add comment

Test Instructions

Cost of Production Test 01 Preparation Online

1. The short run:
A.
B.
C.
D.

2. Which statement is true:
A.
B.
C.
D.

3. In Monopoly at various output levels:
A.
B.
C.
D.

4. Excise tax is a part of:
A.
B.
C.
D.

5. Unit cost is another name for:
A.
B.
C.
D.

6. The cost which a firm incurs for purchasing or hiring factors is called:
A.
B.
C.
D.

7. TC is ?
A.
B.
C.
D.

8. The shape of rectangular hyperbola is made by:
A.
B.
C.
D.

9. Which is NOT a cause of shift in cost curves of a firm:
A.
B.
C.
D.

10. MC is given by:
A.
B.
C.
D.

11. As output increases:
A.
B.
C.
D.

12. TVC ?
A.
B.
C.
D.

13. TC ?
A.
B.
C.
D.

14. All the following are U-shaped Except:
A.
B.
C.
D.

15. All inputs can be varied:
A.
B.
C.
D.


 

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