Average fixed cost

Industrial Engineering Mcqs
BILAL KHATTAK0

A.falls as long as output rises
B.rises as long as output rises
C.is determined by adding average variable cost and average total cost
D.is cut by marginal cost at its lowest point

Related Mcqs:

  1. Average fixed cost is equal to:
  2. In the short run, in cannot produce at an economic profit
  3. Which one of the following pairs is correctly matched?
  4. The other name of overhed cost is:
  5. An average cost is also known as________??
  6. In the short run, the competitive firm can maximise its profits (or minimise its losses) by
  7. A competitive firm will maximise profits at the output where
  8. In the long run equilibrium of a competitive firm, which one of the following will not hold true?
  9. Expenditure on fertilizers is called:
  10. The total cost incurred in the operation of a business undertaking other than the cost of manufacturing and production is known as________??

Leave a Reply

Your email address will not be published. Required fields are marked *