NCERT Mcqs Questions Class 12 Economics Chapter 3 With Easy PDF

WhatsApp Group (Join Now) Join Now
Telegram Group (Join Now) Join Now

NCERT Class 12 Economics Chapter 3 MCQs Easy PDF, NCERT Mcqs Questions Class 12 Economics Chapter 3 With Easy PDF, NCERT Mcqs Questions Class 12 Economics Chapter 3, Productions of costs


NCERT Mcqs Questions Class 12 Economics Chapter 3 With Easy PDF


Class12th 
Chapter NameProductions of costs
Chapter numberChapter 3
Part A
BoardCBSE
Book NCERT
SubjectEconomics
Medium English
Study MaterialsQuestion Answers & Notes
Download PDFClass 12 Economics Chapter 3 PDF

NCERT Mcqs Questions Class 12 Economics Chapter 3 With Easy PDF


1. If a firmThis is the period of time that can change the means of production

(a) short term

(b) long term

(c) very long time

(d) very short term

2. Total product quantity at any given level of employment is– 

(a) production function

(b) consumption function

(c) expenditure function

(d) cost function

3. Total product at any level of employment is the sum of– 

(a) marginal revenue

(b) marginal products

(c) Average cost

(d) marginal cost

4.The marginal product curve cuts the average product curve above-

(a) at the origin

(b) at the minimum point of average product

(c) at the maximum point of average product

(d) at the maximum point of AVC

5. To produce the firm chooses-

(a) Zero cost product mix

(b) maximum cost combination

(c) Least Cost Combination

(d) Average Cost Combination

6. Average cost curve is the sum of-

(a) AVC and AFC

(b) SMC एवं SAC

(c) LRAC एवं LRMC

(d) AVC and SMC

7. The total fixed cost curve is– 

(a) parallel to the vertical y-axis

(b) horizontal line parallel to x axis

(c) Downward sloping

(d) upward sloping

8. Average fixed cost curve is-

(a) U shaped

(b) upward sloping

(c) Downward sloping

(d) horizontal line parallel to x axis

9. of production in the short runThere is no change in means.

(a) stable

(b) variable

(c) humanitarian

(d) Labor

10.In … all the means of production are subject to change.

(a) short term

(b) long term 

(c) medieval period

(d) at any time

11. Production obtained from additional means of production is called.

(a) marginal

(b) total

(c) Average

(d) none of the above

12. Production increased from 5 units to a total of 24 units. If the total production using the sixth unit is 30 units, then what will be the average production.

(a) 5

(b) 6

(c) 24

(d) 301

13. If the marginal production increases, then it should be understood that the production ….. rule remains in force.

(a) growth

(b) Depreciation

(c) equality

(d) none of the above

14. If the law of increasing output is applicable, then the law of ………..cost will also be applicable.

(a) increasing

(b) decreasing

(c) stable

(d) none of the above

15.Modern economists have proposed ………….. of production.

(a) law of growth

(b) law of scarcity

(c) law of parity

(d) variable

16. The application of law of growth of origin is the rule of——— 

(a) Indivisibility of means

(b) increase in price

(c) constancy of variable factors

(d) increase in cost


Watch the video for more MCQs


CLASS 12 NCERT SOLUTION IN ENGLISHCLASS12 NCERT SOLUTION IN HINDI
Historyइतिहास
Geography भूगोल
Political science राजनीति विज्ञान
English SubjectResult
Hindi SubjectHistory answer keys
Sociology समाज शास्त्र

NOTES & QUESTIONS ANSWER



MCQS IN ENGLISH



class12.in

Leave a Comment