Matching Type MCQs of Revenue Microeconomics class 11

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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 – IColumn – II
A) Total Revenuei) Quantity Cost Price
B) Average Revenueii) TRn – TRn – 1
C) Marginal Revenueiii) 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 – AColumn – B
i) Marginal RevenueA – 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 – AColumn – B
i) MonopolyA – AR and MR curves are more elastic
ii) Monopolistic CompetitionB – 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 – AColumn – B
i) Average RevenueA) When price remains constant
ii) MR = 0B) Quantity × Price
iii) Marginal RevenueC) When price falls with rise in output
iv) MR < ARD) ∆TR/∆Q
v) Total RevenueE) Price
vi) AR = MRF) 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)

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