Production and cost mcq
WebbAnswer: (A) Chargeable expenses. Explanation: All costs that are not direct materials or direct labour can be identified with a specific process, product, or product are called “Direct Expenses.” Examples include production, royalty, hiring costs for special equipment, etc. Q.6 Rent for warehouses is a component of what cost? A) Production cost Webb14 sep. 2024 · Multiple Choice Questions on Theory of Production and Cost pdf Production, Cost, and Revenue 1. If a firm’s revenues just cover all its opportunity costs, then (a) normal profit is zero (b) economic …
Production and cost mcq
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WebbMCQ ON PRODUCTION AND COST. DOWNLOAD MOBILE APPLICATION TO LEARN MORE: MCQ ON PRODUCTION AND COST. 1.The production function means relationship … Webba. Engineering design, production planning b. Shop control, order processing c. Material control, distribution d. All of the above; View Answer Answer: (d) ___ is nonrecurring and ___ is recurring. a. Capital cost, operating cost b. Overhead cost, the initial cost c. Operating cost, capital cost d. Incidental cost, labor cost; View Answer ...
WebbDetailed Solution for Test: Production and Costs- Match Based Type Questions - Question 15. A. Total revenue: Total revenue is the full amount of total sales of goods and services. It is calculated by multiplying the total amount of goods and services sold by the price of the goods and services. B. MC > ATC: The relationship between the ATC and MC. WebbClass 11 Economics Chapter 3 MCQ Question 1. In production function, production is a function of: (a) Price. (b) Factors of Production. (c) Total Expenditure. (d) None of these. …
WebbProduction planning and control address a whole problem of low inventory, low productivity management, and resource utilization. Production Planning and Control strives to ensure … WebbIn which type of production system the unit cost of production is low? A. Combined production B. Continuous production. C. Intermittent production. D. Custom production. All of the following decisions fall within the scope of operations management except for _____.
Webb14 feb. 2024 · Karnataka 2nd PUC Economics Question Bank Chapter 3 Production and Costs 2nd PUC Economics Production and Costs One Mark Questions and Answers. 1. …
Webb1 maj 2024 · AS, A-Level, IB. Board: AQA, Edexcel, OCR, IB, Eduqas, WJEC. Last updated 1 May 2024. Share : Here is an ten question revision quiz and short revision session video covering aspects of short and long run production and costs. It is a great way to test your understanding. MCQ Revision on Production and Cost. chapman brand colorsWebb8 okt. 2024 · Production and Costs is an important chapter in Class 12 as it provides very strong understanding about this topic. Students should go through the answers provided … chapman buick gmc yumaWebb27 jan. 2024 · Check the below NCERT MCQ Questions for Class 11 Economics Chapter 3 Production and Costs ... harmony in harmonyWebbEconomics Multiple Choice Questions – Chapter 3 – Theory of Production 16.What is Production in Economics:- (a) Creation / Addition of Utility (b) Production of food grains … chapman brandmanWebbIn this video, ️ Class: 11th ️ Subject: Economics (Microeconomics) ️ Chapter: Production and Costs (Chapter 3) ️ Topic Name: Production and Costs MCQs ️ ... chapman brass floor lampWebb1 maj 2024 · AS, A-Level, IB. Board: AQA, Edexcel, OCR, IB, Eduqas, WJEC. Last updated 1 May 2024. Share : Here is an ten question revision quiz and short revision session video … chapman brass table lampWebbSolved MCQs for Elements of Cost and Cost Sheet, with PDF download and FREE mock test ... Cost of production: B. Works cost: C. Cost of material consumed: D. Selling and Distributional Expenses: Answer» B. Works cost discuss 17. Statement prepared to show the different elements of cost A. harmony in graphic design