two goods are Rs. 4 and Rs.5 respectively. The consumers
income is Rs. 20. Write down the equation of the budget line.
6. What is marginal product?
7. The total cost at zero level of output is Rs.20. What is total
variable cost (TVC)?
8. Name the form of market where P=AR=MR.
9. Number of sellers in oligopoly market..
(a) One (b) large number of sellers
(c) very few (d) Non of the above
10. Draw the supply curve when elasticity of supply is one.
11. Normal profit is a part......
(a) Revenue
(b) Income
(c) Super normal profit (d) Costs
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Answer:
1 4x +5y =20 please mark me as brainlist
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