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Cost and Revenu...

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  • Question 1
    1 / -0

    Short period AC is a U-shaped curve due to:

  • Question 2
    1 / -0

    When average cost (AC) is rising, marginal cost is (MC):

  • Question 3
    1 / -0

    TC increases at a decreasing rate when MC is:

  • Question 4
    1 / -0

    TVC increases at a diminishing rate because of:

  • Question 5
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    Long run average cost is related to:

  • Question 6
    1 / -0

    In a situation of diminishing returns to a factor:

  • Question 7
    1 / -0

    MC =

  • Question 8
    1 / -0

    Fixed cost per unit of output is called:

  • Question 9
    1 / -0

    The average cost is ₹ 20 when 6 units are produced. The total cost of producing 6 units is:

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