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11th Economics Chapter 4 Cost and Revenue Analysis Two Marks Question Question Bank Software Sep-19 , 2019

Cost and Revenue Analysis

11th Economics Chapter 4 Cost and Revenue Analysis Two Marks Question

Cost and Revenue Analysis Two Marks Question

11th Standard

    Reg.No. :
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Economics

Time : 00:45:00 Hrs
Total Marks : 30
    15 x 2 = 30

  1. Define cost.

  2. Define cost function.

  3. Define Revenue.

  4. Explicit Cost - Define.

  5. Give the definition for 'Real cost'.

  6. What is prime cost?

  7. What is Marginal Revenue?

  8. Implicit cost

  9. Mention the relationship between MC and AC.

  10. Floating Cost - Define.

  11. Give examples for variable cost.

  12. What does cost analysis refer to?

  13. What is meant by 'Total Variable Cost'?

  14. What does 'Average Variable Cost' refer to?

  15. State the relationship among TR, AR and MR curves.

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