11th Principle of Economics Chapter 6 Test

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First Year Principles of Economics Chapter 6 Online MCQ Test for 1st Year Principles of Economics Chapter 6 (Firm's Costs of Production and Revenues)

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Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test

Try the Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test.

  • Total Questions15

  • Time Allowed20

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. Firm's costs of production . Kinds of costs according to payment . Short run costs . Concepts of pre unit costs of output . Interrelationship of average cost and marginal cost . Long run costs . Derivation of long run average cost curve . Derivation of long run marginal cost curve

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Ch. # Test Name MCQs Available PDF File Answers Mode Launch Test
1 Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test 130 Download PDF MCQ Answers Launch Test
1 Principles of Economics Icom Part 1 English Medium Online Test 977 Download PDF MCQ Answers Launch Test
2 Principles of Economics Icom Part 1 English Medium Chapter 2 Online Test 68 Download PDF MCQ Answers Launch Test
3 Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test 194 Download PDF MCQ Answers Launch Test
4 Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test 46 Download PDF MCQ Answers Launch Test
5 Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test 50 Download PDF MCQ Answers Launch Test
6 Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test 64 Download PDF MCQ Answers Launch Test
7 Principles of Economics Icom Part 1 English Medium Chapter 7 Online Test 49 Download PDF MCQ Answers Launch Test
8 Principles of Economics Icom Part 1 English Medium Chapter 8 Online Test 36 Download PDF MCQ Answers Launch Test
9 Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test 67 Download PDF MCQ Answers Launch Test
10 Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test 85 Download PDF MCQ Answers Launch Test
11 Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test 46 Download PDF MCQ Answers Launch Test
12 Principles of Economics Icom Part 1 English Medium Chapter 12 Online Test 66 Download PDF MCQ Answers Launch Test
13 Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test 76 Download PDF MCQ Answers Launch Test

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Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test (MCQs With Answers)

Sr. # Questions Answers Choice
1 Which factor combines other three factors ? Land Labour Capital Organization
2 Reward of Land is called. Rent Wage Interest Profit
3 When total revenue is maximum, marginal revenue is More Less Constant Zero
4 Dividing total variable costs by the units of output, is attained Average fixed cost Average variable cost Average cost Marginal cost
5 When a firm's average total cost is equal to price, then it is called as Normal profit Abnormal profit Normal loss Abnormal loss
6 Number of firms under monopoly is One Two Three Four
7 Demand curve of a monopolist has the shape Falls from left to right Rises from left to right Remains below MR curve Remains parallel to ox-axis
8 Which one is immobile factor ? Land Labour Capital Organization
9 The additional cost which a firm has to bear in order to produce additional unit of output, are called Average cost Marginal cost Fixed costs Variable costs
10 Total expenditures which a firm bear to produce a particular quantity of output Fixed costs Variable costs Total costs Average fixed cost