The average fixed cost is obtained by :
A) TFC / Q
B) MC / Q
C) TAC / Q
D) AVC / Q
Correct Answer:
Verified
Q2: Average revenue is :
A)TR - TC
B)TR /
Q3: A hypothesis is a :
A)Statement of facts
B)Statement
Q4: In the classical system, the basic economic
Q5: Growth definition of economics was concerned with:
A)Scarcity
B)Welfare
C)Wealth
D)Economic
Q6: A market:
A)Necessarily refers to a meeting place
Q8: Average Revenue curve under monopoly is :
A)Upward
Q9: _ investigations examine an individual's relationship with
Q10: In the 19th century _ argued that
Q11: _ is distinctive for much greater use
Q12: The most important founder of German sociology,
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