Cost of advertisement and salesmanship is called:

Related MCQs

• If the hourly wage is Rs.10, and the firm produces 5 additional units of the commodity with an additional hour of labour time, then marginal cost is
• To minimize cost of production at any level of output the monopsonist should continue to substitute labour and capital until
• If price is equal to average cost, in the short-run, the competitive firm can earn
• If price is greater than average cost, in the short-run, the competitive firm can earn
• If price is less than average cost, in the short-run, the competitive firm can earn
• Selling cost assumes paramount importance in
• It is assumed that the cost curves of all the firms in the monopolistic competition are
• Selling cost is maximum in the case of
• Selling cost is a feature of :
• The price at which the demand and supply are equal is called: