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MOCK TEST OF MANAGEMENT & COMMERCE FOR JUNE/JULY (ITS HELPFUL FOR BOTH SUBJECT STUDENTS ) FOR FREE
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PROVIDED BY - DIWAKAR EDUCATION HUB
MADE BY - DIWAKAR SIR
STUDENTS PASSCODE- DEH08
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the least cost combination
a locus of input combinations that gives rise to the same level of output ,provided the firm the minimum production cost
a locus of input combinations of factor-inputs that the firm can buy with the given outlay and factor price
procter & gamble
the returns on stocks and bonds diminish with higher security prices
beyond some point the increments or addition to total utility diminishes as more units of goods are consumed
the marginal physical product of any factor of production eventually diminish as more units of that factor
exist in both short run and long run
explain why average variable and average total costs decline in the short line
explain why average cost decline for a given rate of output in the long run
they results in well balanced decisions
they facilitate creativity
they are more cost effective
they increase commitments
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