Mcqs Of Theory Of Production Cost Icai Mcqs Theory Of Production 3. the production function is a relationship between a given combination of inputs and: (a) another combination that yields the same output. (b) the highest resulting output. (c) the increase in output generated by one unit increase in one output. (d) all levels of output that can be generated by those inputs. 4. Theory of production and cost ca foundation mcq economics chapter 3. 1. what is production is economics: (a) creating addition of utility. (b) production of food grains. (c) creation of services. (d) manufacturing of goods. answer: (a) creating addition of utility.
Ca Foundation Economics Chapter 3 Mcqs Theory Of Production And Cost Published on 01st april, 2023in this video we have discussed all multiple choice questions (mcqs) related to production & cost for ca foundation of icai modu. Ca foundation test series ymtcr.courses.store 247382?utm source%3dother%26utm medium%3dtutor course referral%26utm campaign%3dcourse overview webap. Answer: 3. q:6 suppose the first four units of a variable input generate corresponding total outputs of 200, 350, 450, 500. the marginal product of the third unit of input is: 50. 100. 150. 200. answer: 2. q:7 the marginal cost for a firm of producing the 9th unit of output is ₹ 20. This video covers first 32 mcqs as covered in icai module study material of ca foundation economics for chapter 3 theory of production and cost by ca swapn.
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