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11th Standard English Medium Economics Subject Cost and Revenue Analysis Creative 3 Mark Questions with Solution Part - II Question Bank Software Jul-01 , 2021

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11th Standard English Medium Economics Subject Cost and Revenue Analysis Creative 3 Mark Questions with Solution Part - II

11th Standard English Medium Economics Subject Cost and Revenue Analysis Creative 3 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 15

    3 Marks

    5 x 3 = 15

  1. Explain Average cost with the help of a diagram.

  2. Define Private cost and Social cost.

  3. Bring out the distinction between short run and long run.

  4. Explain briefly Marginal cost with a suitable diagram.

  5. State the significant recent development in cost theory.

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