Functional Areas of Business MCQs and Notes
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Q 1. Which cost has no straight relation with units of production?
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Q 2. Which type of cost curve has hockey shaped?
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Q 3. Which type of cost curve is parallel to X axis
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Q 4. How all costs become at long run?
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Q 5. Daily wages of labours is the example of which cost?
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Q 6. How is the slope of fixed cost curve?
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Q 7. When proportion of production is zero, then which cost is positive?
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Q 8. How is the shape of average cost curve?
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Q 9. Total production cost + Unit of production = ------------
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Q 10. Which cost diminishes but never becomes zero?
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