x

Subject - Economics:

Microeconomics

MCQ - 86-4096

Question:

4 Dup 2 -83586648
The area 0abQ is equal to

  1. total cost.
  2. total variable cost.
  3. total fixed cost.
  4. total variable cost.
  5. average product of labor.

Correct Answer: C

Explanation:

Familiarity with cost curves identifies curve 4 as AFC. The area of this rectangle is Q × AFC = TFC.

Record Performance

269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: The area 0abQ is equal to , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 86-4096.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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