________ refers to the quantity of a commodity which a firm is willing to produce and offer for sale.

Related MCQs

• If a firm produces 200 units of commodity X by employing 10 workers and 240 units of the same commodity by employing 12 workers, then the Average Product of the worker is
• Let a firm employs 10 labourers to produce 150 units of output. If 11 labourers are employed to produce 166 units of output, then the marginal product is
• In a perfect competition, a firm earns super normal profit when the AR of the firm _____ the ACT of the firm.
• ________ refers to the market situations whether there is one seller and there is not close substitute to the commodity sold by the seller.
• In a firm doubles all inputs, and output doubles as well, the firm is subject to
• Pricing for selling the same commodity at different selling prices is known as ______
• The additional cost incurred to produce an additional unit of output is _______
• Quantity Theory of Money states that 3
• Quantity Theory of Money was explained by ___________
• Which of the first order condition for the profit of a firm be maximum?