Variable cost is also known as

Related MCQs

• The output and cost pattern of a product are given below Output (q) 0 1 2 3 4 5 Total in `Cost (Tc) 35 42 53 08 75 88 From the above details what is the fixed cost or sunk cost
• Marginal cost can be equal to Average variable cost when
• The slope of total variable cost curve equals……………..
• Total variable cost curve is explained by
• When the price is less than the average variable cost, the firm should ………….
• If total production increases in the short run, the total cost will also……..
• Increase in Demand is also known as – in economics
• Decrease in Demand is also known as
• Green revolution is also known as
• In an agricultural family all the family members are working the farmland of the family. Due to addition of two more person in the family they are also working in the farmland of the family with no additional increase in farm output. This type of unemployment is known as