Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board
Chapter-4 Supply Analysis [Latest edition] [Latest edition]
Q.3. Give economic term:
1. Cost incurred on fixed factors.
Ans: - Total Fixed Cost.
2. Cost incurred per unit of output.
Ans - Average Cost
3. Net addition made to total cost of production.
Ans: - Marginal Cost
4. Revenue per unit of output sold.
Ans: -Average Revenue
