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Variable costs refer to:

A. Capital cost plus operating costs

B. Capital costs alone

C. Capital costs plus spill-over costs

D. Operating costs alone

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. According to Marshal, the Law of Diminishing Returns is applicable to:
  2. The total utility is gained by consuming:
  3. In case of perfect competition, TR curve rises at a:
  4. Contracts made by firms in cooperative games are:
  5. Which of the following is the work of A.C.Pigou?
  6. To attain maximum profits during short-run a firm should produce the output that will:
  7. In arriving at stable equilibrium in cournot model, if one firm decreases output the other firm will:
  8. With an increase in income, consumer is expected to buy more of:
  9. Cross-elasticity of demand or cross-price elasticity between two perfect substitutes will be:
  10. In the perfect competition, there is a process of:
  11. Moving along the indifference curve leaves the consumer:
  12. In monopolistic competition, because of difference in choices, the firm charges:
  13. In microeconomics, we study:
  14. The budget line is described by each of the following except:
  15. Which of the following is not characteristic of perfect competition?
  16. According to Marshallian approach, utility:
  17. Regarding economic decisions, economics of uncertainty identifies:
  18. In economic term water is a:
  19. While buying two goods X and Y with unequal prices, to maximize total utility from his income, a consumer…
  20. The difference between average cost and average revenue is:
  21. The substitution effect works to encourage a consumer to purchase more of a product when the price of…
  22. In income effect, we:
  23. In dominant strategies I am doing the best, I can no matter:
  24. Abstinence or Waiting theory of Interest was presented by:
  25. Which of the following oligopoly models is concerned with the maximization of joint profits?
  26. The water diamond paradox was firstly resolved with the help of:
  27. The model which gives us information about price and output changes in different periods is:
  28. If the increase in demand is more than the increase in supply, the price will:
  29. A firm will be in equilibrium when the lowest isocost is:
  30. When elasticity of demand is greater than one (e >1), then following the formula MR=P[1-1/e], the MR…