Free tnpsc model questions Online Test - MeritNotes

No. of Questions :10

Remaining Time :

1. Real cost is

2. ____ is the aggregate of prices paid for the factors of production used in the production of commodity.

3. ____ cost is the total of explicit and implicit cost.

4. When marginal cost is greater than the average cost, average cost is

5. Marginal revenue is the least addition made to the

6. The change in total cost is called

7. Economic cost includes explicit cost and

8. ____ expresses the pains and sacrifices involved in producing a commodity.

9. The cost incurred on fixed factors are called ____ cost.

10. Short run total cost is denoted by

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