Question

1. From the set of statements given in Column land Column ll, choose the correct pair of statements
(b) Payments in kind which a firm makes to others to
(e) U-shaped in accordance with the law of variable
D. Matching the Correct Statements
(a) Factor input
the purchase of inputs
(c) Variable cost )
(d) A rectangular hyperbola
(i) Raw material
(ii) Explicit cost
(i) License fee
(iv) AVC curve
1) Marginal cost curve
proportions​

Answer 1

Answer:

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