Question : At the "break-even point",
Option 1: the industry is in equilibrium in the long run
Option 2: the producers suffer minimum losses
Option 3: the seller earns maximum profit
Option 4: the firm is at a zero-profit point
Correct Answer: the firm is at a zero-profit point
Solution : The correct answer is the firm is at a zero-profit point
In business and economics, the "break-even point" occurs when a company's entire revenue matches its overall expenses, leading to neither a profit nor a loss. Thus, it is the point at which a company's income covers all of its expenses, including both fixed costs (costs that do not fluctuate with production levels, such as rent and salary) and variable costs (costs that vary with output, such as raw materials and labour).
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Question : If a firm is operating at a loss in the short period in perfect combination, it should:
Option 1: decrease the production and price
Option 2: increase the production and price
Option 3: continue to operate as long as it covers even the variable costs
Option 4: shut down and leave the industry
Question : The sense of balance is achieved by:
Option 1: cerebrum equilibrium
Option 2: thalamus equilibrium
Option 3: cerebellum equilibrium
Option 4: spinal cord
Question : Who spoke : " At the stroke of midnight , when the world sleeps , India awakes to life and freedom " ?
Option 1: Netaji Subhas Chandra Bose.
Option 2: Mahatma Gandhi .
Option 3: Jawaharlal Nehru .
Option 4: C.Rajagopalachari .
Question : Directions: In the following question, some parts of the sentence may have some errors. Find out which part of the sentence has an error and select the appropriate option. If the sentence is free from error, select "No error".
Long car journeys (1) / are even less pleasant (2) / for it is quite impossible to read even. (3) / No error (4)
Option 1: (1)
Option 2: (2)
Option 3: (3)
Option 4: (4)
Question : Which is the leading state in India in the "Ship Breaking" industry?
Option 1: Tamil Nadu
Option 2: Maharashtra
Option 3: Gujarat
Option 4: West Bengal
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