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RADHA BHUGANA-CONCEPTS OF COST-SHORT ANSWERS
- Given the total fixed cost is Rs. 90, complete the following table.
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- Given the total fixed cost is Rs. 30, complete the following table.
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- Why is short run marginal cost curve 'U'-shaped?
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- What changes will take place in average cost if marginal cost is risin...
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- Explain the relationship between marginal cost and average variable co...
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- Complete the following table:
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- Complete the following table:
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- Distinguish between (i) fixed cost and variable cost giving example...
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- Complete the following table
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- Complete the following table
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- State the distinction between explicit cost and implicit cost. Give an...
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- Define marginal cost. Explain its relations with average variable cost...
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- Define variable cost. Explain the behaviour of total variable cost as ...
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- Giving examples, explain the meaning of cost of cost in economics.
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- Why does MC curve cut the AC curve at its minimum?
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- State the relation between total cost and marginal cost.
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- What is the behaviour of average fixed cost as output is increased. Wh...
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- What is the behaviour of (a) Average fixed cost and (b) Average variab...
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- Giving reason, explain whether true or false : the difference between ...
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- Define fixed cost. Give an example. Explain with reason the behaviour ...
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