Question : Which total cost is highlighted in the given statement?
Statement: It does not vary directly with level of output like rent or insurance.
 

Option 1: Fixed cost

Option 2: Variable cost

Option 3: Semi variable cost

Option 4: None of the above

Question : Which total cost is highlighted in the given statement?
Statement: It varies directly with output like payment for raw material, wages and power.

Option 1: Fixed cost

Option 2: Variable cost

Option 3: Semi variable cost

Option 4: None of the above

Question : Which of the following cost is related to marginal cost ?

Option 1: Variable cost .

Option 2: Implicit cost 

Option 3: Prime cost .

Option 4: Fixed cost .

Question : Which of the following cost curve is never  'U' shaped?

Option 1: Marginal cost curve .

Option 2: Average variable cost curve .

Option 3: Average fixed cost curve .

Option 4: Average cost curve 

Question : Which of the following are non-chequeable deposits?
 

Option 1: Current deposits
 

Option 2: Fixed deposits
 

Option 3: Savings deposits 
 

Option 4: None of the above