Economics MCQs – Certification Test 305

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MCQ 305: The type of cost that remain independent of output and constant though out the relevant range is known to be as:

fixed cost
sunk cost
variable cost
total cost

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Economics Trivia App & e-Book – What are Costs? Certification Guide

Demand for Labor Test 316

Prices rise when government prints too much money Test 317

Economies of Scale and International Trade Test 318

Deadweight Loss of Taxation Test 319

Factor Intensity Factor Abundance and Shape of Frontier Curve Test 320

Partial Equilibrium Analysis Test 321

Externality and Market Efficiency Test 322

Why Monopoly Arise? Test 323

Production Possibility Frontier with Increasing Costs Test 324

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