Rise
Fall
Remain the same
None of the above
A. Rise
Average variable cost
Average fixed cost
Average variable cost + average fixed cost
Marginal costs
change its output
not change its output
change its price
not change its price
1910
1945
1900
1940
Parallel to each other
Dependent upon each other
Independent of each other
Zero
Maximization of losses
Minimization of losses
Minimization of profits
None of the above
Long-run average cost (LAC) curves
Short-run average cost (SAC) curves
Average variable cost (AVC) curves
Average total cost (ATC) curves
Decreasing returns to scale
Constant returns to scale
Increasing returns to scale
maximum returns to scale
>
None of the above
The rising portion of its MR over and above the break-even (shut-down) point
The rising portion of its MC over and above the break-even (shut-down) point
The rising portion of its MC over and above the AC curve
The rising portion of its MC curve
J.M.Keynes
E.D.Domar
Adam Smith
Gustav Cassel
Cost maximization
Product maximization
Revenue maximization
None of the above
At different points
At the falling parts of each
At their respective minimums
At the rising parts of each
Percentage change in capital-labor ratio dividing by percentage change in
Percentage change in dividing by percentage change in capital-labor ratio
Percentage change in inputs dividing by percentage change in outputs
None of the above
Face losses
Avoid losses
Bear losses
Make economic decisions
Yield maximum total revenue
Minimize marginal cost
Maximize marginal cost
Equate marginal revenue with marginal cost
Cost of the average units
Cost of the last units of average
Cost of the unit of production
Total cost marginal cost
Recessive strategy
Dormant strategy
Dominant strategy
Hidden strategy
Choices
Preferences
Both a and b
None of the above
Change in consumers income
Change in consumers tastes
Change in price
None of the above
Style
Salesmanship
Locality
All of these
Cost of raw materials
Cost of equipment
Interest payment on past borrowing
Payment of rent on buildings
Maximum
Zero
Minimum
Equal to one
S.Chakravarty
J.S.Mill
A.C.Pigou
F.W.Taussig
Increases
Remains the same
Diminishes
Zero
Become equal
Decrease
Become constant
Increase
With using indifference curves
With using MRS
Without using indifference curve
None of the above
University professors
Computer components
Building materials
Jet airplanes
At the left of its lowest point
At its lowest point
At the right of its lowest point
None of the above
Monopoly
Private property
Workable competition
Oligopoly