1.Abstract Limited what's more, Beta Limited mean to get $857777.47

and $ 154877.55 in separately for a

time skyline of one year. The pervasive loan fees are as per the following:

Company Loan Loan

Abstract Limited 16.555% 17.859%

Beta Limited 13.5268% 19.6510%

The common swapping scale is $1 = 120.

They entered in a cash trade under which it is concurred that Beta Limited will pay Abstract Limited

@ 1% over the Loan financing cost which the later should pay thus

of the concurred cash trade while Abstract Limited will repay revenue to Beta Limited just to

the degree of 9%. Keeping the swapping scale invariant, measure the chance

gain or misfortune segment of a definitive result, coming about because of the planned

cash trade.

2. Law of lessening return expresses that

(a) As the firm uses a greater amount of the variable assets given the amount of fixed assets, the normal result of the firm will increment.

(b) As the firm uses a greater amount of the variable assets given the amount of fixed assets, negligible utility of firm will in the long run decline.

(c) In the short run, the normal absolute expense of the firm will decrease.

(d) In the since a long time ago run, the normal absolute expense of the firm will in the end lessen

3. What is the state of the interest bend looked by a firm under wonderful rivalry?

(a) Horizontal

(b) Vertical

(c) Positively inclined

(d) Negatively inclined

4. Which of coming up next isn't a state of wonderful rivalry?

(a) An enormous number of firms

(b) Perfect versatility of variables

(c) Informative promoting to guarantee that purchasers have great data.

(d) Freedom of passage and exit into and out of the market.

5. Which is the other name that is given to the normal income bend?

(a) Profit bend

(b) Demand bend

(c) Average expense bend

(d) Indifference bend

6. Under which of the accompanying types of market structure does a firm has no influence over the cost

of its item?

(a) Monopoly

(b) Monopolistic rivalry

(c) Oligopoly

(d) Perfect rivalry

7. In ideal rivalry over the long haul there will be no_____.

(a) Normal benefits

(b) Supernormal benefit

(c) Production

(d) Costs

8. At the point when the totally serious firm and industry are in since a long time ago run harmony at that point:

(a) P = MR = SAC = LAC

(b) D = MR = SMC = LMC

(c) P = MR = Lowest point on the LAC bend

(d) All the abovementioned

9. The totally aggressive firm can sell its yield at______prices.

(a) Variable

(b) Normal

(c) Fixed

(d) Normal or fixed

10. Supply of an item in_____is moderately inelastic.

(a) Short period

(b) Long period

(c) Very brief period

(d) None of the abovementioned