Question

Q13. Wages paid to labourers is an example of
(a) Implicit cost (b) Explicit cost (c) opportunity cost (d) none of these
Q14. When Total Revenue is Maximum Marginal Revenue is
015. The Downward movement along a Demand curve is known as
916. What is the shape of AFC curve?
Q17. In case of Edeo, demand curve is
(a) Horizontal Straight line (b) Vertical Straight line (c) downward sloping curved None
Q18. Law of Demand curve must fall in
(a) Normal goods (bj Giffen goods (c) Inferion goods (d) None of these
Q2. Tetat my starts diminishing when marginal utility begins to diminis
020. Explade the central Problem how to produce​

Answer 1

Answer:

Answer -13- implicit cost

Answer -18 -- Normal goods

Answer --. Horizontal straight