Relationship between AP and TP.
Define point of inflexion?
What are the total fixed cost, total variable cost and total cost of a firm? How are they related?
What causes a downward movement along a supply curve of a commodity?
Why is AR curve also known as the demand curve?
Which factor leads to shift of PPC?
explain the relationshipe between MC and AC with the help of a cost schedule and diagram....
does supply of a good depend on price of related goods?if yes,then how? please give a graph
Why does the SMC curve cut the AVC curve at the minimum point of the AVC curve?
what are assumption of the law of return to scale?
can a PPC show a convex curve? explain?
Explain the likely behaviour of total product and marginal product when only one input is increased while all other inputs are kept unchanged.
Given the supply function S1= P-11,S2 = 2P-10,S3= 3P-9,find the market supply schedule and market supply curve?
please give me graphical representation of returns to scale.
Giving reasons state the following statements whether true or false:-
(i) When there are diminishing returns to a factor total product always decreases
(ii) Total product will increase only when marginal product increases
(iii) Increase in total product always indicate that there are increasing reaturns to a factor
(iv) When there are diminishing returns to a factor, both always falls.
Explain the relationship between TC,TVC ,TFC?
Why rising portion of MC curve is supply curve of firm??
what do you mean by the rational producer?????????
why average fixed cost never touch at x-axis and y-axis?
Relationship between AP and TP.
Define point of inflexion?
What are the total fixed cost, total variable cost and total cost of a firm? How are they related?
What causes a downward movement along a supply curve of a commodity?
Why is AR curve also known as the demand curve?
Which factor leads to shift of PPC?
explain the relationshipe between MC and AC with the help of a cost schedule and diagram....
does supply of a good depend on price of related goods?
if yes,then how? please give a graph
Why does the SMC curve cut the AVC curve at the minimum point of the AVC curve?
what are assumption of the law of return to scale?
can a PPC show a convex curve? explain?
Explain the likely behaviour of total product and marginal product when only one input is increased while all other inputs are kept unchanged.
Given the supply function S1= P-11,S2 = 2P-10,S3= 3P-9,find the market supply schedule and market supply curve?
please give me graphical representation of returns to scale.
Giving reasons state the following statements whether true or false:-
(i) When there are diminishing returns to a factor total product always decreases
(ii) Total product will increase only when marginal product increases
(iii) Increase in total product always indicate that there are increasing reaturns to a factor
(iv) When there are diminishing returns to a factor, both always falls.
(a) AC can rise when MC is falling
(b) AC can rise when MC is rising
(c) AC can fall when MC is rising
(d) None of these
Explain the relationship between TC,TVC ,TFC?
Why rising portion of MC curve is supply curve of firm??
what do you mean by the rational producer?????????
why average fixed cost never touch at x-axis and y-axis?