Download App

MICROECONOMICS CH : 10 PRODUCER'S EQUILIBRIUM — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 10 PRODUCER'S EQUILIBRIUM1 Mark
Question
What are gross profits?
✓

Answer

Gross profits are the difference between total revenue and total variable cost.
Gross ProfitsTR-TVC

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from MICROECONOMICS CH : 10 PRODUCER'S EQUILIBRIUM→MICROECONOMICS CH : 10 PRODUCER'S EQUILIBRIUM — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Which average would be more suitable to know the average size of the readymade garments?
→
What is the slope of demand curve for Giffen goods ?
→
Give any one merit of sample survey.
→
What do you mean by an economic activity?
OR
What is an economic activity?
→
When TP increases at an increasing rate, what happens to MP?
→
Can non-attainable combinations ever be converted into attainable combinations?
→
What is classification of data? What should be its characteristics?
→
What is meant by the term supply?
→
How is the computed value of standard deviation interpreted?
→
When is Arithmetic mean and weighted mean equal?
→