Question

a) Savings Jb/Production c) Depreciation ) Capital
(147) Which of one of the following is a fixed cost :
a) Electricity bill
b) Purchase of raw material
c/interest on fixed capitald) Wages of daily workers
148) An individual demand curve slopes downward to the right
because of the :
a) Working of the law of diminishing MU
b) Substitution effect of decrease in price
c) Income effect of fall in price
d) All the above
149) In PC, a firm after incurring loss continous production till
a) P = AC b) P = TC
P = AVC d) P = MC
150) In these what is net the indirect tax :
ayIncome tax b) VAT C) CENVAT JO) Excise tax
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Answer 1

147 (c)

148(d)

149(b).

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