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Revenue

Q.1) Average Revenue means

(A) The revenue per unit of commodity sold

(B) the revenue from all commodites sold

(C) the revenue from all commodites unit sold

(D) the profit realised by sale of all commodities

Q.2) Gross profit means

(A) Total investment over total saving

(B) Changes inmethods of production

(C) changes in the form of business organisation

(D) Total receipts over total expenditure

Q.3) The situation in which total Revenue equals total cost, is known as

(A) Monopolistic competition

(B) Equilibrium level of output

(C) Break even point

(D) Perfect competition

Q.4) Who propounded the Innovation theory of profit

(A) J.A. Schumpeter

(B) P.A. Samuelson

(C) Alfred Marshall

(D) David Ricardo

Q.5) The market price is related to

(A) Very short period

(B) Short period

(C) Long period

(D) Very long period

Q.6) Who propounded Dynamic Theory of Profit

(A) Clark

(B) Schumpeter

(C) Knight

(D) Hawly

Q.7) If the average revenue is a horizontal straight line, marginal revenue will be

(A) u shaped

(B) Kinked

(C) Identical with average revenue

(D) L shaped

Q.8) Economics profit or normal profit is the name as

(A) Optimum profit

(B) Accounting profit

(C) Maximum profit

(D) Net profit

Q.9) The marginalrevenue of monopolist is

(A) More than price

(B) Equal to price

(C) Less then price

(D) Less than marginal cost

ਜੇਕਰ ਤੁਸੀ ਕਿਸੇ ਵੀ ਸਰਕਾਰੀ ਨੌਕਰੀ ਬਾਰੇ ਜਾਣਕਾਰੀ ਲੈਣਾ ਚਾਹੁੰਦੇ ਹੋ ਤਾ ਉੱਤੇ ਦਿੱਤੇ ਕੰਮੈਟ ਬਾਕਸ ਵਿੱਚ ਕੰਮੈਟ ਕਰ ਸਕਦੇ ਹੋ ਧੰਨਵਾਦ ਅਰਨ ਮਨੀ ਜੋਬਜ ਟੀਮ