B.COM ECO-1 MCQ's




Question 451 :
Break-even analysis compares total revenue with :

  1. Total profit
  2. Total cost
  3. Average cost
  4. Price
  

Question 452 :
______ refers to the extent to which the firm can permit a decline in sales before it starts incurring losses.

  1. safety margin
  2. average margin
  3. total margin
  4. None of the above
  

Question 453 :
Break-even analysis is used to determine how much quantity of its product it must sale to :

  1. Make profit
  2. Break-even
  3. Maximise profit
  4. None of the above
  

Question 454 :
______ is the point where total revenue is equal to total cost.

  1. point of origin
  2. Break-even point
  3. Marginal point
  4. None of the above
  

Question 455 :
The break-even quantity point will decrease, when price ______.

  1. decreases
  2. Increases
  3. constant
  4. None of the above
  

Question 456 :
_____ enables the manger to become a more competent model builder.

  1. Indian economy
  2. Business economics
  3. macro–economics
  4. micro–economic
  

Question 457 :
The ______ graphically depicts the profit-output relationship

  1. Marginal point
  2. Break-even chart
  3. point of origin
  4. All of the above
  

Question 458 :
Break-even point of a chart indicates ______.

  1. Large profit
  2. Heavy loss
  3. Zero profit
  4. All of the above
  

Question 459 :
When TR > TC, it indicates ______ zone of a firm

  1. Loss
  2. Profit
  3. All of the above
  

Question 460 :
Break-even analysis compare total revenue with ______.

  1. Total cost
  2. Average cost
  3. marginal cost
  4. None of the above
  

Question 461 :
Break-even analysis is also referred to as ______.

  1. Cost-volume-profit analysis
  2. demand analysis
  3. Supply analysis
  4. None of the above
  
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