11. |
Which is correct for the law of variable proportions?
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Answer:
Option (a) |
12. |
Which is not the correct stage of production in the law of variable proportions?
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Answer:
Option (c) |
13. |
Which is the best stage of production in the law of variable proportions?
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Answer:
Option (b) |
14. |
Which is not a correct assumption for the law of returns to scale?
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Answer:
Option (a) |
15. |
Which is correct for the law of returns to scale?
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Answer:
Option (b) |
16. |
Which is not the correct stage of production in the law of returns to scale?
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Answer:
Option (d) |
17. |
Which cost belongs to category based on service tenure?
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Answer:
Option (b) |
18. |
Which cost belongs to a category based on behaviour to production volume?
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Answer:
Option (a) |
19. |
Which cost belongs to category based on relation to certain specified volume?
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Answer:
Option (b) |
20. |
If we want to increase production than we need to purchase more raw material. This cost is called :
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Answer:
Option (c) |