Marginal cost curve cuts the average cost curve �����

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Question:
Marginal cost curve cuts the average cost curve �����

1.at the left of its lowest point

2.at its lowest point

3.at the right of its lowest point

4.at its highest point

Posted Date:-2022-01-04 15:48:44

More MCQS Questions and answers

  1. Imperfect competition was introduced by ����-
  2. Imperfect competition was introduced by ����-
  3. In cross elasticity of demand for unrelated goods the demand curve will be��-
  4. In cross elasticity of demand for unrelated goods the demand curve will be��-
  5. The short run is a time period in which ��-
  6. The short run is a time period in which ��-
  7. Which of the following are not related to factors of production(FOP)
  8. Which of the following are not related to factors of production(FOP)
  9. A distinguishing characteristic of monopolistic competition is ������
  10. A distinguishing characteristic of monopolistic competition is ������
  11. A graph showing all the combination of capital and labour available for a given total cost is the ��-
  12. A graph showing all the combination of capital and labour available for a given total cost is the ��-
  13. An LAC curve is not known as �����
  14. An LAC curve is not known as �����
  15. car and petrol are �- goods
  16. car and petrol are �- goods
  17. Cartel is a part of ������
  18. Cartel is a part of ������
  19. Cobb Douglas production function mainly studies ���
  20. Cobb Douglas production function mainly studies ���
  21. Concentration of monopoly is implemented under ������
  22. Concentration of monopoly is implemented under ������
  23. Gradual long term movement in time series data is called ���
  24. Gradual long term movement in time series data is called ���
  25. If firms can neither enter nor leave an industry the relevant time period is the ���
  26. If firms can neither enter nor leave an industry the relevant time period is the ���
  27. Implicit costs are ——-
  28. Implicit costs are ��-
  29. In case of monopoly a firm in the long run can have �����
  30. In case of monopoly a firm in the long run can have �����
  31. In perfect competition equilibrium is attained when ������
  32. In perfect competition equilibrium is attained when ������
  33. In sample survey method �� technique is adopted
  34. In sample survey method �� technique is adopted
  35. In the Law of variable proportion when TP is maximum then the MP = ��
  36. In the Law of variable proportion when TP is maximum then the MP = ��
  37. Inthe short run as economists use the phrase is characterised by ��-
  38. Inthe short run as economists use the phrase is characterised by ��-
  39. �- input factor is divided as skilled semiskilled unskilled
  40. �- input factor is divided as skilled semiskilled unskilled
  41. �- is the remuneration for organisation
  42. �- is the remuneration for organisation
  43. �� costs are business costs which do not involve any cash payments but for them a provision is made in accounts
  44. �� costs are business costs which do not involve any cash payments but for them a provision is made in accounts
  45. �� Economics views on reducing the production costs
  46. �� Economics views on reducing the production costs
  47. kinked demand curve is associated with ������
  48. kinked demand curve is associated with ������
  49. Marginal cost curve cuts the average cost curve �����
  50. Marginal cost curve cuts the average cost curve �����
  51. Marginal cost is defined as
  52. Marginal cost is defined as
  53. Marginal cost means ��������
  54. Marginal cost means ��������
  55. Miroeonomi theory is lso known s ��
  56. Miroeonomi theory is lso known s ��
  57. Money paid to an unskilled labour is called �����
  58. Money paid to an unskilled labour is called �����
  59. Passive factor of production is ��-
  60. Passive factor of production is ��-
  61. Reasons for increasing return in stage I of law of variable proportion is ���
  62. Reasons for increasing return in stage I of law of variable proportion is ���
  63. Supply is a function of ��
  64. Supply is a function of ��
  65. Tea and coffee are �� goods
  66. Tea and coffee are �� goods
  67. The cost with which the concept of marginal cost is closely related
  68. The cost with which the concept of marginal cost is closely related
  69. The costs that depend on output in the short run are ��-
  70. The costs that depend on output in the short run are ��-
  71. The formula for average fixed costs is ���-
  72. The formula for average fixed costs is ���-
  73. The supply of a product does not depend on ��-
  74. The supply of a product does not depend on ��-
  75. The supply of a product does not depend on ��-
  76. The supply of a product does not depend on ��-
  77. The total outlay method explains the relationship between price and ��A
  78. The total outlay method explains the relationship between price and ��A
  79. The upper portion of the kinked demand curve is relatively �����
  80. The upper portion of the kinked demand curve is relatively �����
  81. The vertical difference between TVC and TC is equal to ��
  82. The vertical difference between TVC and TC is equal to ��
  83. Time-series data may exhibit which of the following behaviours?
  84. Time-series data may exhibit which of the following behaviours?
  85. Variable costs are ��������
  86. Variable costs are ��������
  87. What are homogenous products?
  88. What are homogenous products?
  89. When the total product curve is falling ���-
  90. When the total product curve is falling ���-
  91. Which factor of production is considered as fixed input
  92. Which factor of production is considered as fixed input
  93. Which of the following is correct?
  94. Which of the following is correct?
  95. Which of the following is not present in a time series?
  96. Which of the following is not present in a time series?
  97. Which of the following techniques uses variables such as price and promotional expenditures which are related to the product demand to predict demand
  98. Which of the following techniques uses variables such as price and promotional expenditures which are related to the product demand to predict demand
  99. Whih will use hnge in the emn for goo X?
  100. Whih will use hnge in the emn for goo X?
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