MCQ Issues to have Group a dozen Business economics Section step 3 Creation and Can cost you that have Responses
Production and Will set you back Classification several MCQs Issues having Answers
Question 1. For the production mode, creation is a purpose of: (a) Price (b) Points out-of Production (c) Complete Expense (d) Not one ones
Matter 2. Might cause out of doing work the law from Diminishing Returns try: (a) Scarcity of Factors (b) Incomplete Substitution anywhere between Products (c) Each other (a) and you may (b) (d) Not one of the a lot more than
Question step three. And this of one’s following teaches you the fresh quick-run design mode ? (a) Legislation off Consult (b) Laws of Variable Proportion (c) Yields to Level (d) Elasticity regarding Request
Concern cuatro. Long-run manufacturing means resembles: (a) Rules out-of Request (b) Legislation regarding Increasing Returns (c) Rules regarding Yields so you’re able to Level (d) Elasticity out of Consult
Question 5. In which stage out of creation a mental music producer wants to operate in try-work with design ? (a) Basic Phase (b) Next Phase (c) Third Phase (d) Not one of them
Question 6. Law of changeable proportion explains about three grade out-of manufacturing. In the 1st phase from development: (a) Each other MP and AP rise (b) MP goes up (c) AP Falls (d) MP was zero
Matter 7. https://datingranking.net/ashley-madison-review/ Of which time all products out of production can be changed ? (a) Short run (b) Long run (c) Longer focus on (d) All around three
Question 8. Production function is expressed as: (a) Qx = Px (b) Qx = f(A, B, C, D) (c) Qx = Dx (d) None of these
Matter 9. And that circumstances among pursuing the we find basically-run development techniques ? (a) Repaired Products (b) Variable Points (c) Each other (a) and you can (b) (d) Nothing of these
Concern 10. The course which grows first and immediately following becoming lingering starts to lose is named : (a) App (b) MPP (c) TPP (d) A few of these
Concern 11. And that of your following the try an effective saurce out-of manufacturing ? (a) Property (b) Labor (c) Resource (d) A few of these
Matter 12. Law of variable ratio is related to : (a) Both brief-run and long term (b) Long-manage (c) Short-focus on (d) Longer-run
MCQ Concerns to have Group 12 Economics Part step three Creation and you will Can cost you that have Solutions
Matter 14. In the event the all items out-of creation was enhanced of the same proportion and as a result productivity develops of the a heightened ratio than just it’s titled : (a) Lingering production so you’re able to size (b) Coming down production so you’re able to level (d) All of these (d) None ones
Matter fifteen. Hence of one’s following is included for the currency costs ? (a) Typical Earnings (b) Specific Rates (c) Implicit Prices (d) Many of these
Question sixteen. And this of your own adopting the isn’t repaired pricing ? (a) Advanced (b) Focus (c) Cost of Intense Point (d) Lease of one’s Warehouse
Matter 17. With the escalation in development the difference between total cost and you can overall repaired pricing: (a) Remains Constant (b) Develops (c) Reduces (d) Both Grows otherwise Reduces
Concern 18. Changes in design quantity apply to: (a) One another Fixed and Variable Rates (b) Just Changeable Rates (c) Simply Fixed Cost (d) None of more than
Concern 19. What will happen when production is turn off ? (a) Repaired Costs Grows (b) Varying Costs Refuse (c) Variable Can cost you getting zero (d) Fixed Will set you back end up being no
Question 20. The contrary label out-of chance prices was: (a) Financial Costs (b) Balance Speed (c) Limited Prices (d) Mediocre Pricing
Concern 21. When average prices was coming down what standing marginal cost features because the as compared to average rates ? (a) MC > Air conditioning (b) MC = Air-con (c) MC ? Air-conditioning (d) MC ? Air cooling
Matter 22. Which statement of one’s adopting the is true ? (a) AC=TFC – TVC (b) Air conditioning = AFC + TVC (c) AC=TFC + AVC (d) Air-conditioning = AFC + AVC
MCQ Issues to have Group a dozen Business economics Section step 3 Creation and Can cost you that have Responses
December 12, 2022
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Production and Will set you back Classification several MCQs Issues having Answers
Question 1. For the production mode, creation is a purpose of: (a) Price (b) Points out-of Production (c) Complete Expense (d) Not one ones
Matter 2. Might cause out of doing work the law from Diminishing Returns try: (a) Scarcity of Factors (b) Incomplete Substitution anywhere between Products (c) Each other (a) and you may (b) (d) Not one of the a lot more than
Question step three. And this of one’s following teaches you the fresh quick-run design mode ? (a) Legislation off Consult (b) Laws of Variable Proportion (c) Yields to Level (d) Elasticity regarding Request
Concern cuatro. Long-run manufacturing means resembles: (a) Rules out-of Request (b) Legislation regarding Increasing Returns (c) Rules regarding Yields so you’re able to Level (d) Elasticity out of Consult
Question 5. In which stage out of creation a mental music producer wants to operate in try-work with design ? (a) Basic Phase (b) Next Phase (c) Third Phase (d) Not one of them
Question 6. Law of changeable proportion explains about three grade out-of manufacturing. In the 1st phase from development: (a) Each other MP and AP rise (b) MP goes up (c) AP Falls (d) MP was zero
Matter 7. https://datingranking.net/ashley-madison-review/ Of which time all products out of production can be changed ? (a) Short run (b) Long run (c) Longer focus on (d) All around three
Question 8. Production function is expressed as: (a) Qx = Px (b) Qx = f(A, B, C, D) (c) Qx = Dx (d) None of these
Matter 9. And that circumstances among pursuing the we find basically-run development techniques ? (a) Repaired Products (b) Variable Points (c) Each other (a) and you can (b) (d) Nothing of these
Concern 10. The course which grows first and immediately following becoming lingering starts to lose is named : (a) App (b) MPP (c) TPP (d) A few of these
Concern 11. And that of your following the try an effective saurce out-of manufacturing ? (a) Property (b) Labor (c) Resource (d) A few of these
Matter 12. Law of variable ratio is related to : (a) Both brief-run and long term (b) Long-manage (c) Short-focus on (d) Longer-run
MCQ Concerns to have Group 12 Economics Part step three Creation and you will Can cost you that have Solutions
Matter 14. In the event the all items out-of creation was enhanced of the same proportion and as a result productivity develops of the a heightened ratio than just it’s titled : (a) Lingering production so you’re able to size (b) Coming down production so you’re able to level (d) All of these (d) None ones
Matter fifteen. Hence of one’s following is included for the currency costs ? (a) Typical Earnings (b) Specific Rates (c) Implicit Prices (d) Many of these
Question sixteen. And this of your own adopting the isn’t repaired pricing ? (a) Advanced (b) Focus (c) Cost of Intense Point (d) Lease of one’s Warehouse
Matter 17. With the escalation in development the difference between total cost and you can overall repaired pricing: (a) Remains Constant (b) Develops (c) Reduces (d) Both Grows otherwise Reduces
Concern 18. Changes in design quantity apply to: (a) One another Fixed and Variable Rates (b) Just Changeable Rates (c) Simply Fixed Cost (d) None of more than
Concern 19. What will happen when production is turn off ? (a) Repaired Costs Grows (b) Varying Costs Refuse (c) Variable Can cost you getting zero (d) Fixed Will set you back end up being no
Question 20. The contrary label out-of chance prices was: (a) Financial Costs (b) Balance Speed (c) Limited Prices (d) Mediocre Pricing
Concern 21. When average prices was coming down what standing marginal cost features because the as compared to average rates ? (a) MC > Air conditioning (b) MC = Air-con (c) MC ? Air-conditioning (d) MC ? Air cooling
Matter 22. Which statement of one’s adopting the is true ? (a) AC=TFC – TVC (b) Air conditioning = AFC + TVC (c) AC=TFC + AVC (d) Air-conditioning = AFC + AVC