Select the correct expression

Chemical Economics Mcqs
BILAL KHATTAK0

A.Profit = revenue – operating cost
B.Profit = revenue – fixed cost
C.Profit = revenue – total cost
D.Profit = revenue – book value

Related Mcqs:

  1. Average fixed cost is equal to:
  2. A competitive firm will maximise profits at the output where
  3. In the short run, the competitive firm can maximise its profits (or minimise its losses) by
  4. In the short run, in cannot produce at an economic profit
  5. The other name of overhed cost is:
  6. Expenditure on fertilizers is called:
  7. An average cost is also known as________??
  8. Which one of the following pairs is correctly matched?
  9. In order to promote sales a company spends considerable amount on publicity by way of campaign on radio, TV, advertisement in papers etc. Such expenses in break even analysis are shown under
  10. Diesel engines are generally preferred for road transport these days because of low

Leave a Reply

Your email address will not be published.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