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Test December 18, 2022 0 Comments

MCQ Issues to possess Group a dozen Business economics Chapter step 3 <a href="https://datingranking.net/hookupdate-review/">https://www.datingranking.net/hookupdate-review</a> Manufacturing and Will cost you with Answers

Design and Costs Category 12 MCQs Questions which have Solutions

Matter step one. For the development mode, production was a function of: (a) Price (b) Products out-of Creation (c) Overall Expense (d) Nothing of these

Concern dos. The fundamental reasoning out of functioning legislation out-of Diminishing Output was: (a) Lack of Items (b) Imperfect Replacement ranging from Affairs (c) Both (a) and (b) (d) None of more than

Question step 3. Which of your after the teaches you the brand new brief-run creation setting ? (a) Law of Request (b) Laws away from Adjustable Ratio (c) Production in order to Level (d) Flexibility of Demand

Matter cuatro. Long-focus on creation function resembles: (a) Law away from Demand (b) Legislation from Broadening Production (c) Laws away from Production so you’re able to Measure (d) Suppleness off Consult

Question 5. In which stage out of design an intellectual music producer loves to operate inside test-work with manufacturing ? (a) First Stage (b) Next Phase (c) 3rd Phase (d) None of them

Concern 6. Laws out-of adjustable proportion demonstrates to you three level of manufacturing. In the 1st phase out-of design: (a) One another MP and you can AP increase (b) MP increases (c) AP Drops (d) MP was no

Question eight. Where time all the factors regarding development could be altered ? (a) Short-run (b) Long term (c) Very long manage (d) All the about 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

Concern 9. And that facts certainly one of adopting the we discover simply speaking-work with creation processes ? (a) Repaired Activities (b) Variable Circumstances (c) Both (a) and you will (b) (d) None of them

Question ten. The new years which grows first and you can just after being ongoing begins to lose is known as : (a) Software (b) MPP (c) TPP (d) Most of these

Question eleven. Which of your following the is actually good saurce from manufacturing ? (a) Homes (b) Labor (c) Resource (d) A few of these

Concern several. Legislation of adjustable proportion is related to : (a) One another brief-run and you will long run (b) Long-run (c) Short-work at (d) Very long-manage

MCQ Issues to possess Group a dozen Business economics Part step three Creation and you can Will set you back having Solutions

Matter fourteen. If most of the items from development is actually improved of the same proportion and as a result productivity increases from the a greater proportion than simply it’s titled : (a) Ongoing efficiency so you can measure (b) Decreasing efficiency so you’re able to measure (d) Many of these (d) Nothing of those

Question fifteen. And this of your own following the is roofed within the currency cost ? (a) Normal Profit (b) Direct Pricing (c) Implicit Cost (d) A few of these

Matter 16. Hence of your following isn’t fixed cost ? (a) Top (b) Appeal (c) Cost of Raw Situation (d) Book of Factory

Question 17. Towards boost in production the difference between total cost and overall repaired cost: (a) Stays Ongoing (b) Grows (c) Decrease (d) One another Grows otherwise Minimizes

Concern 18. Alterations in production number apply at: (a) One another Repaired and you will Variable Pricing (b) Simply Variable Cost (c) Merely Fixed Prices (d) Nothing of one’s a lot more than

Matter 19. What will happen when design try turn off ? (a) Repaired Cost Develops (b) Varying Costs Refuse (c) Variable Can cost you feel zero (d) Repaired Can cost you feel zero

Question 20. The alternative title away from opportunity rates is actually: (a) Monetary Cost (b) Balance Speed (c) Marginal Prices (d) Average Prices

Matter 21. When mediocre pricing is actually decreasing what standing limited costs possess because versus average pricing ? (a) MC > Air cooling (b) MC = Air-con (c) MC ? Air cooling (d) MC ? Air-con

Concern twenty-two. Hence report of your pursuing the is true ? (a) AC=TFC – TVC (b) Air conditioning = AFC + TVC (c) AC=TFC + AVC (d) Air-conditioning = AFC + AVC

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