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CBSE
arrow_drop_down
MCQ Questions for CBSE Class 12 with Answers
MCQ Questions for CBSE Class 11 with Answers
MCQ Questions for CBSE Class 10 with Answers
MCQ Questions for CBSE Class 9 with Answers
MCQ Questions for CBSE Class 8 with Answers
MCQ Questions for CBSE Class 7 with Answers
MCQ Questions for CBSE Class 6 with Answers
MCQ Questions for CBSE Class 5 with Answers
MCQ Questions for CBSE Class 4 with Answers
MCQ Questions for CBSE Class 3 with Answers
MCQ Questions for CBSE Class 2 with Answers
MCQ Questions for CBSE Class 1 with Answers
Quiz
CBSE
/
Class 11
/
Economics
/
Production and Costs
1.
In which market MR may become zero or negative ?
Monopoly
Monopolistic Competition
Both (a) and (b)
Perfect Competition
2.
In which market AR = MR ?
Monopoly
Monopolistic Competition
Both (a) and (b)
Perfect Competition
3.
In monopoly and monopolistic competition :
AR = MR
AR > MR
AR < MR
None of these
4.
To which market, following figure belongs ?
Perfect Competition
Monopoly
Monopolistic Competition
None of the above
5.
With which condition, firm will get maximum profit ?
Where MR = MC
Where MC cuts MR from below
Both (a) and (b)
None of the above
6.
In perfect competition, which of the following remains constant ?
AR
MR
Both AR and MR
None of the both
7.
In perfect competition:
AR = MR
AR > MR
MR < MC
MR = MC = 0
8.
When 5 units of a goods are sold, total revenue is Rs. 100. When 6 units are sold, marginal revenue is Rs. 8. At what price are 6 units sold ?
Rs. 28 per unit
Rs. 20 per unit
Rs. 18 per unit
Rs. 12 per unit
9.
MR is shown as:
\(\frac { ΔTR }{ ΔQ }\)
\(\frac { TR }{ Q }\)
\(\frac { ΔAR }{ Q }\)
None of these
10.
AR is shown as:
\(\frac { TR }{ Q }\)
\(\frac { ΔQ }{ P }\)
\(\frac { ΔTR }{ ΔQ }\)
None of these
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