The addition to total cost by producing an additional unit of out-put by a firm is called -

Related MCQs

• If the average total cost is Rs.54, total fixed cost is Rs.45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm -
• he non-expenditure costs which arise when the producing firm itself owns and supplies certain factors of production are -
• If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?
• The situation in which total revenue is equal to total cost, is known as -
• The situation in which total Revenues equals total cost, is known as :
• The degree to which a firm exercise influence over the price and output in a particular market is called:
• Enterprise is the controlling unit of a business. The operating unit of a business is called:
• The fixed cost on such factors of production which are neither hired nor bought by the firm is called -
• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
• The total amount of physical capital in the economy or in a firm or industry is termed as