Fixed cost per unit increases when

Related MCQs

• The reason the marginal cost curve eventually increases as output increases for the typical firm is because:
• The distinction between variable cost and fixed cost is relevant only in
• Variable cost per unit
• In…………..pricing fixed cost are excluded.
• Whenever marginal cost is more than …………average total cost is falling:
• Whenever ………..is greater than average total cost, average total cost is rising.
• If all resources used in the production of a product are increased by 20 percent and output increases by 20 percent, then there must be:
• when income increases, quantity demanded falls, it is
• An input should be so allocated that the value added by the last unit is the same in all cases.
• ………. means the total receipts from sales divided by the number of unit sold.