To find out cut-off production volume means no profit no loss which concept is used?
A) Law of variable proportion
B) Break-Even Analysis
C) Law of returns to scale
D) None of the above
Correct Answer:
Verified
Q4: Producers supply more at a higher price
Q5: Which are the factors of production?
A)Land
B)Labor
C)Capital
D)All of
Q6: Which is the stages of law of
Q7: Which is the stages of law of
Q8: Which is not a part of cost?
A)Total
Q10: Total Cost equals to _.
A)Total cost =
Q11: Where is exchange of goods and services
Q12: Which is the type of market?
A)Monopoly
B)Oligopoly
C)Perfect competition
D)All
Q13: _ refers to a market with a
Q14: What is Disposable Personal Income?
A)DPI = PI
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