Download App

MICROECONOMICS CH : 8 CONCEPTS OF COST — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 8 CONCEPTS OF COST1 Mark
MCQ
Which of the following is correct?
  • A
    $MC = TFC \times TVC$
  • B
    $TC = TFC - TVC$
  • ✓
    $MC = TC _{ n }- TC _{ n -1}$
  • D
    $TC = TFC \div Q$
✓

Answer

Correct option: C.
$MC = TC _{ n }- TC _{ n -1}$
(c)

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 "M.C.Q (1 Marks)" from MICROECONOMICS CH : 8 CONCEPTS OF COST→MICROECONOMICS CH : 8 CONCEPTS OF COST — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Oligopolistic industries are characterized by $.........$​​​​​​​
→
$.........$ is a person who purchase factors of production inputs to convert them into outputs.
→
Price (₹)Quantity Demanded (Units)Quantity Supplied (Units)
5100500
4200400
3300300
2400200
1500100
On the basis of the above-mentioned information answer the following question:
Identify the equilibrium price and quantity.
→
Contraction of demand is the result of:
→
As a result of rise in consumer's income, demand curve for coarse grain (inferior good):
→
When the price of a commodity does not change but the quantity supplied changes. It is called:
→
vertical supply curve parallel to Y-axis implies that the elasticity of supply is:
→
Identify the law in the statement below:
'A consumer with a given income allocates his expenditure among commodities, so that last rupee spent on each brings equal Marginal Utility':
→
When MP is decreasing, TP increases:
→
Which of the following is not the feature of an imperfect competition?
→