MCQ Issues having Category twelve Business economics Part step three Manufacturing and you may Will cost you having Answers

Manufacturing and you will Will set you back Classification twelve MCQs Concerns having Answers

Concern step one. For the creation mode, production try a function of: (a) Rates (b) Activities off Design (c) Complete Cost (d) Not one of them

Matter 2. Might cause of performing regulations off Shrinking Production try: (a) Deficiency of Points (b) Imperfect Substitution between Activities (c) Each other (a) and (b) (d) None of your more than

Matter step 3. Which of one’s pursuing the demonstrates to you the latest brief-work at development setting ? (a) Rules regarding Consult (b) Legislation of Varying Proportion (c) Productivity so you’re able to Scale (d) Flexibility out-of Request

Matter cuatro. Long-focus on creation function is related to: (a) Legislation regarding Consult (b) Rules from Growing Productivity (c) Laws from Returns so you can Size (d) Elasticity out-of Consult