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Given the total fixed cost is Rs. 90, co...

Given the total fixed cost is Rs. 90, complete the following table.

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The correct Answer is:
TC : 110, 120, 150; MC : 20, 10, 30
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RADHA BHUGANA-CONCEPTS OF COST-SHORT ANSWERS
  1. Explain the relationship between marginal cost and average cost of a f...

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  2. Explain the relationship between average total cost curve, average var...

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  3. Given the total fixed cost is Rs. 90, complete the following table.

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  4. Given the total fixed cost is Rs. 30, complete the following table.

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  5. Why is short run marginal cost curve 'U'-shaped?

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  6. What changes will take place in average cost if marginal cost is risin...

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  7. Explain the relationship between marginal cost and average variable co...

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  8. Complete the following table:

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  9. Complete the following table:

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  10. Distinguish between (i) fixed cost and variable cost giving example...

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  11. Complete the following table

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  12. Complete the following table

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  13. State the distinction between explicit cost and implicit cost. Give an...

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  14. Define marginal cost. Explain its relations with average variable cost...

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  15. Define variable cost. Explain the behaviour of total variable cost as ...

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  16. Giving examples, explain the meaning of cost of cost in economics.

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  17. Why does MC curve cut the AC curve at its minimum?

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  18. State the relation between total cost and marginal cost.

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  19. What is the behaviour of average fixed cost as output is increased. Wh...

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  20. What is the behaviour of (a) Average fixed cost and (b) Average variab...

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