Cost of Production Test 01 Preparation Online

1. In Monopoly at various output levels:

2. The short run:

3. TVC ?

4. Which statement is true:

5. MC is given by:

6. Unit cost is another name for:

7. TC is ?

8. The cost which a firm incurs for purchasing or hiring factors is called:

9. Excise tax is a part of:

10. Which is NOT a cause of shift in cost curves of a firm:

11. All inputs can be varied:

12. All the following are U-shaped Except:

13. As output increases:

14. TC ?

15. The shape of rectangular hyperbola is made by: