If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?
1). 24
2). 18
3). 36
4). 60
2. Unemployment due to mechanization of agriculture is
3. Demand for factors of production is
4. If rate of interest is 10%, the PV (present value) of Rs.100 received in 1 year's time is
5. The principal source of revenue to the State Government in India is :
6. Monetary policy is regulated by:
7. In the long run, any firm will eventually leave the industry if
9. In Monopoly at various output levels
10. Which of the following is Microeconomics concerned with?