MCQ
If the total cost curve is parallel to $X-$axis, marginal cost will:
- AIncrease.
- BDecrease.
- ✓Zero.
- DNone of these.
✓
Answer
Correct option: C.
Zero.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
Explore more
Similar questions
Expansion in supply refers to a situation when the producers are willing to supply a:
If price is forced to stay below equilibrium price $.........$
→The slope of indifference curve is measured by:
When $\text{AP = MP, AP}$ is:
→When the Average Product $(AP)$ is maximum, the Marginal Product $(MP)$ is:
→Which of the following equations is incorrect?
Given the fact that $\text{MRS}$ between goods $X$ and $Y$ is diminishing, $IC$ is:
→An increase in demand with unchanged supply leads to $.........$
→Which point is not attainable?
If the quantity supplied is exactly equal to the relative change in price then the elasticity of supply is