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11th Standard English Medium Economics Subject Cost and Revenue Analysis Creative 5 Mark Questions with Solution Part - I updated Creative Questions Question Bank Software May-13 , 2022

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11th Standard English Medium Economics Subject Cost and Revenue Analysis Creative 5 Mark Questions with Solution Part - I updated Creative Questions

11th Standard English Medium Economics Subject Cost and Revenue Analysis Creative 5 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 25

    5 Marks

    5 x 5 = 25

  1. If the total cost = 100 + Q3, find out AVC, AC, TFC, AFC and TVC when Q = 10.

  2. Bring out the relationship among TR, AR, MR curves and elasticity of demand.

  3. Explain briefly total cost with a suitable diagram.

  4. Define Total Revenue and Explain its behaviour when the price is constant and when the price is declining.

  5. Relationship between TR, AR, MR and Elasticity of demand.

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