| 1 |
What is the reward of Organization ? |
- A. Rent
- B. Wage
- C. Interest
- D. Profit
|
| 2 |
One of the following is not land: |
- A. White house
- B. Sub continents
- C. Power house
- D. Both (a) and (b)
|
| 3 |
When average cost increases, marginal cost is - - - - - - average cost |
- A. Less than
- B. More than
- C. Equal to
- D. None of three
|
| 4 |
How many kinds of costs are in the short period |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 5 |
Number of firms under monopoly is |
- A. One
- B. Two
- C. Three
- D. Four
|
| 6 |
Which one is immobile factor ? |
- A. Land
- B. Labour
- C. Capital
- D. Organization
|
| 7 |
When average cost falls, marginal cost is - - - - - - average cost |
- A. Less than
- B. More than
- C. Equal to
- D. None of three
|
| 8 |
Wages of temporary labourers are |
- A. Fixed cost
- B. Marginal cost
- C. Total cost
- D. Variable cost
|
| 9 |
Additional amount of money which a firm gets by selling an additional unit of output is called |
- A. Average revenue
- B. Marginal revenue
- C. Total revenue
- D. Revenue
|
| 10 |
Rent of the building, interest of the capital and salaries of the permanent staff etc are called |
- A. Fixed costs
- B. Variable
- C. Marginal cost
- D. Average cost
|
