Samacheer Kalvi solutions for Economics [English] Class 11 TN Board chapter 4 - Cost and Revenue Analysis [Latest edition]

Cost refers to ______.

Cost functions are also known as ______ function.

Money cost is also known as ______ cost.

Explicit cost plus implicit cost denote _______ cost.

Explicit costs are termed as

The costs of self–owned resources are termed as ________ cost.

The cost that remains constant at all levels of output is _____ cost.

Identify the formula of estimating average variable cost.

The cost incurred by producing one more unit of output is ______ cost.

The cost that varies with the level of output is termed as _______ cost.

Wage is an example for ________ cost of the production.

The cost per unit of output is denoted by _________ cost.

Identify the formula of estimating average cost.

Find total cost where TFC=I00 and TVC = 125.

Long-run average cost curve is also called as _____ curve.

Revenue received from the sale of products is known as _______ revenue.

Revenue received from the sale of additional unit is termed as ________ revenue.

Marginal revenue is the addition made to the

When price remains constant, AR will be ________ MR.

A book seller sold 40 books with the price of ₹10 each. The total revenue of the seller is ₹ ______.

Define cost.

Define cost function.

What do you mean by fixed cost?

Define Revenue.

Explicit Cost - Define.

Give the definition for ‘Real Cost’.

What is meant by Sunk cost?

Distinguish between fixed cost and variable cost.

State the differences between money cost and real cost.

Distinguish between explicit cost and implicit cost.

Define opportunity cost and provide an example.

State the relationship between AC and MC.

Write a short note on Marginal Revenue.

Discuss the Long run cost curves with suitable diagram.

If total cost = 10+Q³, find out AC, AVC, TFC, AFC when Q=5.

Discuss the short-run cost curves with suitable diagram.

Bring out the relationship between AR and MR curves under various price conditions.