Manufacturing and Can cost you Classification several MCQs Questions with Responses
Matter step one. Inside manufacturing means, design was a function of: (a) Rates (b) Things regarding Design (c) Overall Costs (d) None of these
Matter 2. The basic reason away from working regulations regarding Shrinking Yields try: (a) Lack of Circumstances (b) Incomplete Substitution ranging from Factors (c) One another (a) and (b) (d) None of one’s above
Question step 3. And therefore of your following the demonstrates to you the latest quick-work on design setting ? (a) Laws regarding Request (b) Laws of Variable Proportion (c) Yields to help you Size (d) Elasticity regarding Request
Question 4. Long-work with manufacturing means is related to: (a) Rules out of Request (b) Legislation off Expanding Efficiency (c) Laws and regulations out-of Efficiency to Level (d) Suppleness from Request
Question 5. In which phase out-of manufacturing an intellectual producer loves to services within the decide to try-focus on production ? (a) Basic Phase (b) Next Stage (c) Third Phase (d) Nothing ones
Matter 6. Legislation regarding variable proportion explains around three stages off production. In the first phase out of design: (a) Each other MP and AP go up (b) MP goes up (c) AP Falls (d) MP are no
Question eight. From which big date all of the circumstances away from development could be altered ? (a) Short-run (b) Long run (c) Very long focus on (d) Every about three
Question 8. Production function is expressed as: (a) Qx = Px (b) Qx = f(A, B, C, D) (c) Qx = Dx (d) None of these
Matter 9. Which circumstances certainly one of following we find basically-work at manufacturing processes ? (a) Fixed Products (b) Changeable Points (c) Both (a) and (b) (d) Nothing of them
Concern 10. The fresh cycle and that grows basic and you will immediately following are constant begins to beat is called : (a) Software (b) MPP (c) TPP (d) Most of these
Concern eleven. And therefore of adopting the try an effective saurce of production ? (a) Residential property (b) Work (c) Funding (d) Each one of these
Question twelve. Rules out of variable ratio is comparable to : (a) Each other quick-work at and you may long term (b) Long-manage (c) Short-work with (d) Long-work with
MCQ Concerns to have Class several Economics Part 3 Design and you may Can cost you that have Answers
Matter 14. If the the situations off development is improved from the exact same proportion and for that reason productivity expands by the an increased ratio than it is entitled : (a) Constant efficiency so you’re able to size (b) Coming down yields to help you scale (d) Many of these (d) Nothing of those
Concern 15. And this of the following the is included when you look at the currency pricing ? (a) Normal Funds (b) Direct Costs (c) Implicit Cost (d) Most of these
Matter sixteen. And therefore of one’s after the is not repaired cost ? (a) Cost (b) Interest ashley madison (c) Cost of Intense Question (d) Book of one’s Factory
Matter 17. To the upsurge in production the difference between total price and you may complete fixed costs: (a) Remains Lingering (b) Increases (c) Minimizes (d) One another Increases or Decrease
Matter 18. Alterations in production number apply to: (a) Each other Repaired and you may Varying Costs (b) Just Changeable Cost (c) Merely Fixed Prices (d) Nothing of your own a lot more than
Question 19. What happens when design are closed ? (a) Repaired Prices Grows (b) Adjustable Can cost you Decline (c) Varying Will set you back getting no (d) Fixed Costs getting zero
Concern 20. The opposite identity out of opportunity pricing is actually: (a) Monetary Costs (b) Equilibrium Rates (c) Marginal Pricing (d) Average Prices
Matter 21. Whenever mediocre rates are decreasing what status limited costs keeps because compared to the average prices ? (a) MC > Air-conditioning (b) MC = Air-con (c) MC ? Air-con (d) MC ? Air-con
Matter 22. Which statement of your adopting the holds true ? (a) AC=TFC – TVC (b) Air cooling = AFC + TVC (c) AC=TFC + AVC (d) Air-con = AFC + AVC
