Income is diminished
Income remains the same
Utility is diminished
Population is high
Correct answer is B
No explanation has been provided for this answer.
Given that TR is total revenue, then TRn -TR (n-1) can be used to find the
Marginal revenue
Marginal cost
Average cost
Average revenue
Correct answer is A
No explanation has been provided for this answer.
Total profit made after sales
Amount spent on purchase
Amount of goods produced
Total money realized from sales
Correct answer is D
No explanation has been provided for this answer.
What must be added to variable cost to give total cost?
Average total cost
Average variable cost
Fixed cost
Marginal cost
Correct answer is C
No explanation has been provided for this answer.
When population is classified according to professions, it is called
Geographical distribution of population
Age distribution of population
Sex distribution of population
Occupational distribution of population
Correct answer is D
No explanation has been provided for this answer.