Matching Type MCQs of Revenue Microeconomics class 11
Looking for important matching type MCQs of revenue chapter with answers of Microeconomics class 11 CBSE, ISC, and state Board.
From the set of statements given in Column I and Column II, choose the correct pair of statements.
| Column – I | Column – II |
| A) Total Revenue | i) Quantity Cost Price |
| B) Average Revenue | ii) TRn – TRn – 1 |
| C) Marginal Revenue | iii) Change in Total Revenue/Chane in Number of Units |
Options
a) A – i
b) B – ii
c) C – iii
An s- c)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) Marginal Revenue | A – Revenue per unit of output sold |
| B – Additional Revenue from sale of an additional unit of output |
Options
a) i – A
b) i – B
Ans – b)
Match the statements given under A wth the correct options given under B.
| Column – A | Column – B |
| i) Monopoly | A – AR and MR curves are more elastic |
| ii) Monopolistic Competition | B – AR and MR curves are less elastic |
Options
a) i – A, ii – B
b) i – B, ii – A
Ans – b)
Match the statements given under A with the correct options given under B.
| Column – A | Column – B |
| i) Average Revenue | A) When price remains constant |
| ii) MR = 0 | B) Quantity × Price |
| iii) Marginal Revenue | C) When price falls with rise in output |
| iv) MR < AR | D) ∆TR/∆Q |
| v) Total Revenue | E) Price |
| vi) AR = MR | F) TR is maximum |
Options
a) i – E, ii – F, iii – D, iv – C v – B, vi – A
b) i – A, ii – B, iii – C, iv – D, v – E, vi – F
c) i – B, ii – C, iii – A, iv – D, v – F, vi – E
d) i – C, ii – A, iii – B, iv – E, v – D, iv – F
Ans – a)
