Producer Behaviour and Supply - Online Test
Q1. The break- even point is
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. Where does breakeven point lie in a diagram?
Answer : Option B
Explaination / Solution:
No Explaination.
Q3. The situation of ‘abnormal profits’ arise for a firm when
Answer : Option C
Explaination / Solution:
No Explaination.
Q4. The situation of ‘normal profits’ arise for a firm when
Answer : Option A
Explaination / Solution:
No Explaination.
Q5. What happens to TR when MR is increasing
Answer : Option A
Explaination / Solution:
No Explaination.
Q6. What happens to TR when MR is decreasing but remains positive
Answer : Option C
Explaination / Solution:
No Explaination.
Q7. What happens to TR when MR is zero
Answer : Option A
Explaination / Solution:
No Explaination.
Q8. What happens to TR when MR is decreasing but remains negative
Answer : Option D
Explaination / Solution:
No Explaination.
Q9. What happens to AR when MR is increasing
Answer : Option A
Explaination / Solution:
No Explaination.
Q10. What happens to AR when MR is zero
Answer : Option A
Explaination / Solution:
No Explaination.
