Question : The average fixed cost curve is:
Option 1: upward sloping
Option 2: 'U' shaped
Option 3: 'V' shaped
Option 4: downward sloping
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Correct Answer: downward sloping
Solution : The correct option is downward sloping.
The average Fixed cost (AFC) curve is one of the cost curves used in economics to analyse the cost structure of a firm. It represents the Fixed cost per unit of output. The average fixed cost curve is typically downward sloping.
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Question : Directions: What do you infer from the following set of statements? Statements: I. I have observed many plants' roots. II. All these plants' roots were found to grow downward.
Option 1: I am a botanist
Option 2: Some plants' roots grow downward
Option 3: A plant's root grows downward
Option 4: Most of the plants' roots grow downward
Question : Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select 'No substitution'.
C. V. Raman became famous when he got the Nobel Prize, hadn't he?
Option 1: didn't he
Option 2: No substitution
Option 3: isn't it
Option 4: wasn't he
Question : Choose the correct meaning of the underlined idiom in the given sentence. The young athletes bore the palm in almost all the events.
Option 1: Compromised
Option 2: Lost
Option 3: Won
Option 4: Fixed
Question : The ''Ramon Magsaysay'' award is conferred by which country?
Option 1: Malaysia
Option 2: Indonesia
Option 3: Philippines
Option 4: Thailand
Question : 'Hire' and 'Fire' is the policy of:
Option 1: capitalism
Option 2: socialism
Option 3: mixed economy
Option 4: traditional economy
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