Commerce Short Question | Gkseries

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

In the short-run, when a simple monopoly firm attains equilibrium and earns only normal profit, its level of output will correspond to :

A Lowest average cost
B Average cost above optimum level of output
C Average cost equals marginal cost
D Marginal cost much below average cost

Answer & Explanation

Answer:Marginal cost much below average cost

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Q. The Supreme Court is empowered to settle election disputes of President and Vice- President. This is its
Q. Khasi and Garo Tribes mainly live in:
Q. The percentage of carbon in cast iron is
Q. Stagflation implies a case of :
Q. Eucalyptus constitutes the dominant part of
Q. Body waves consist of the:
Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series