Which situation makes a firm most efficient? -Do You Know?

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Description : Which situation makes a firm most efficient? -General Knowledge

Last Answer : The answer is 'Lowest average costs'

Description : Which situation makes a firm most efficient? -General Knowledge

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Description : Which situation makes a firm most efficient? -General Knowledge

Last Answer : answer:

Description : 1. How can Permanent hardness of water be removed? 2. The Sun City is located in which continent? 3. Which situation makes a firm most efficient? 4. On the shore of which counrty cold currents ... Aravalli ranges are an example of which mountains? 20. Which war was ended by the Treaty of Madras?

Last Answer : Answer : 1. By adding washing soda 2. South Africa3. Lowest average costs 4. Peru 5. Ramananda 6. Hydra 7. Dr. B. R. Ambedkar 8. Black 9. North-west Atlantic10. Gulbadan Begam 11. Bangladesh ... Rana Sanga 16. The Cabinet 17. Radio waves 18. Morarji Desai 19. Residual mountains 20. First Mysore war

Description : ‘Normal Profit’ means (a) Profit earned by the marginal firm in a normal year. (b) Minimum amount needed to keep a firm in the same business. (c) The payment made to marginal firm for its ability. (d) Surplus profit earned by the least efficient firm

Last Answer : (c) The payment made to marginal firm for its ability.

Description : If a firm is operating at any point inside the PPF, the firm is (a) Efficient firm ; (b) Inefficient firm ; (c) Poised for abnormal growth ; (d) None

Last Answer :  (b) Inefficient firm

Description : Have you ever held "firm" opinions or assumptions about a situation, but did a complete 180 when actually exposed to it?

Last Answer : answer:Fortunately or unfortunately, I have always had sympathy for the underdog-the ones most despised by the majority. There may have been times when I've had to change my assumptions, but I can't ... , I realize that price controls won't work.The little guy would be worse off, not better.

Description : A director, an officer or an employee of the assurance client in a position to exert direct and significant influence over the subject matter of the assurance engagement has been a member of the ... create a. Self-interest threat. b. Advocacy threat. c. Intimidation threat. d. Familiarity threat

Last Answer : Advocacy threat.

Description : While investigating the site, a thick layer of fairly firm clay over a deep layer of soft clay is encountered. In such a situation, the following type of foundation is useful: (A) Pile formation (B) Raft foundation (C) Grillage foundation (D) None of these

Last Answer : Answer: Option B

Description : A purchase manager of a company has to purchase 500 tones of raw material. Apart from the other suppliers in the market, his son also supplies that raw material. The manager purchases the ... Unity of Command b. Unity of Directions c. Subordination personal interest to general interest d. Equity

Last Answer : c. Subordination personal interest to general interest

Description : A firm faces the shut down situation when (a) Price is less than average variable cost ; (b) Price is more than the average variable cost (c) Price is equal to fixed cost ; (d) Price is more than the average fixed cost 

Last Answer : (a) Price is less than average variable cost ; 

Description : Interms of economics, if it is possible to make someone better off without making someone worse off, then the situation is - (1) Inefficient (2) Efficient (3) Optimal (4) Paretosuperior

Last Answer : (1) Inefficient Explanation: Pareto efficiency is said to occur when it is impossible to make one party better off without making some-one worse off. An inefficient situation is one where it possible to make some people better off without making anyone else worse off.

Description : Pick out the wrong statement. (A) The condensing film co-efficient is about 3 times lower for vertical condenser as compared to the equivalent horizontal condenser for identical situation ( ... in a heat exchanger is controlled by the value of the film co-efficient, which is higher

Last Answer : (D) Overall heat transfer co-efficient in a heat exchanger is controlled by the value of the film co-efficient, which is higher

Description : In terms of economics, if it is possible to make someone betteroff without making someone worseoff, then the situation is (1) Inefficient (2) Efficient (3) Optimal (4) Paretosuperior

Last Answer : Inefficient

Description : What is the effect of inflation on tax revenue results in a situation? -Do You Know?

Last Answer : answer:

Description : In which situation a chemical reaction does not? -Do You Know?

Last Answer : answer:

Description : Internal economies - (1) arise when there is expansion in an industry. (2) arise in an economy as it makes progress. (3) accrue to a firm when it expands its output. (4) arise when there is expansion in internal trade.

Last Answer : (1) arise when there is expansion in an industry. Explanation: Internal economies are those economies in production-those reductions in production costs-which accrue to the firm itself when it expands its ... of its own expansion independent of the size and expansion of the industry as a whole.

Description : The internal rate of return - (1) must be less than the interest rate if the firm is to in-vest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm's in-vestment.

Last Answer : (3) falls as the annual yield of an investment rises. Explanation: The internal rate of return on an investment or project is the "annualized effective compounded re-turn rate" or discount rate ... the investment equals the net present value of the benefits (positive cash flows) of the investment.

Description : Which one of the following is NOT a benefit of multiple packaging? A)Facilitates special price offers B)Increases demand C)Increases consumer acceptance of the product D)Makes handling or storage easier E)Provides an overall image of the firm

Last Answer : E)Provides an overall image of the firm

Description : A monopoly firm makes more profit because (a) It has ability to choose among price and output combination ; (b) It can discriminate price; (c) It leave the consumer with no consumer surplus ; (d) it acts as a market leader

Last Answer : (a) It has ability to choose among price and output combination ;

Description : In the short run if the price is above the average total cost in a monopolistic competitive market, the firm makes (a) Profits and new firms join the market ; (b) Profit and bar entry to new firms; (c) Makes losses and exit the market ; (d) Quick profit and disappears

Last Answer : (a) Profits and new firms join the market ;

Description : A firm that makes profit in excess of normal profit is earning (a) Economic profit ; (b) Costing profit ; (c) Normal profit ; (d) Super normal profit

Last Answer : ; (d) Super normal profit

Description : Internal economies (1) arise when there is expansion in an industry. (2) arise in an economy as it makes progress. (3) accrue to a firm when it expands its output. (4) arise when there is expansion in internal trade.

Last Answer : arise when there is expansion in an industry.

Description : The internal rate of return (1) must be less than the interest rate if the firm is to invest. (2) makes the present value of profits equal to the present value of costs. (3) falls as the annual yield of an investment rises. (4) is equal to the market interest rate for all the firm’s investment. 

Last Answer : falls as the annual yield of an investment rises.

Description : State one requirement of an electron tube, which does not exist for semiconductors, that makes the tube less efficient than the semiconductor.

Last Answer : The electron tube requires filament or heater voltage, whereas the semiconductor device does not; consequently, no power input is spent by the semiconductor for conduction.

Description : Value education makes a student: (A) Good citizen (B) Successful businessman (C) Popular teacher (D) Efficient manager

Last Answer : Answer: A  Value education is the process by which people give values to others. It can be an activity that can take place in any organisation during which people are assisted by others, who may ... dialogue where pe ople are gradually brought to their own realisation of what is good be haviours.