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The cost schedule of a firm, whose ...

The cost schedule of a firm, whose total fixed cost is `₹ 12`, is given as :

In the given case, total cost at `2^(nd)` level of output will be :

A

16

B

28

C

9

D

7

Text Solution

Verified by Experts

The correct Answer is:
B
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SANDEEP GARG-COST-Multiple Choice Qns
  1. Area under MC Curve is equal to :

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  2. Which formula is incorrect to determine the value of TC :

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  3. The cost schedule of a firm, whose total fixed cost is ₹ 12, is...

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  4. Normal profits earned by a firm are included will be :

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  5. The shape of total fixed cost curve is :

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  6. Cost function is a "" concept:

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  7. Nishant, Tavieen and Manas are confused with the formula for deriving ...

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  8. TFC is ₹ 20 at 2^(nd) unit of output and MC at 3^(rd) unit is ₹ 5. TFC...

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  9. Which diagram correctly depicts total variable cost curve :

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  10. The curve in the following diagram is the most similar to a typical ,

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  11. MC curve intersects AC curve at its "" point and AVC curve at its "" ...

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  12. AC, AVC and MC curves are 'U' shaped because of :

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  13. Which two curves are intersected by MC curve at their minimum points:

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  14. Minimum point of MC curve comes before the minimum point of :

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  15. AVC can fall even when MC is rising, provided :

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  16. Which condition is incorrect :

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  17. Ishaan, Piyush and Bhavya are three friends talking about the relation...

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  18. Which one of the following is also known as fixed cost ?

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  19. The cost which is never zero even when production is stopped is known ...

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  20. AC is obtained by dividing TC by the level of :

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