CA Foundation Exam Important Questions, MCQ 2024

Q1. Which curve does intersect AC and AVC curve at its minimum point-

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Q2. The optimum level of production for a firm is, where –

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Q3. Which curve is never U-shaped?

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Q4. Under which market, there are many varieties of product for the consumers –

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Q5. In which type of Oligopoly, the price leadership exists –

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Q6. Under Perfect Competition Market, the supply curve is –

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Q7. Other Name of LAC curve is :

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Q8. Marginal Utility –

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Answer Key Q1- a Q2- d Q3- a Q4- d Q5- b Q6- c Q7- b Q8- d

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More Stories.

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CA Foundation Exam Important Questions, MCQ 2024

Q1. Which curve does intersect AC and AVC curve at its minimum point-

(a) MC Curve (b) AFC Curve (c) AVC Curve (d) None of above

Select Your Answer:

Checkout Last Page for Answer

Q2. The optimum level of production for a firm is, where –

(a) MC is minimum (b) AVC is minimum (c) AFC is minimum (d) AC is minimum

Select Your Answer:

Checkout Last Page for Answer

Q3. Which curve is never U-shaped?

((a) TFC curve (b) AVC curve (c) AC curve (d) MC curve

Select Your Answer:

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Q4. Under which market, there are many varieties of product for the consumers –

(a) Perfect Competition (b) Monopoly (c) Duopoly (d) Monopolistic Competition

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Q5. In which type of Oligopoly, the price leadership exists –

(a) Full Oligopoly (b) Partial Oligopoly (c) Syndicated Oligopoly (d) Organised Oligopoly

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Q6. Under Perfect Competition Market, the supply curve is –

(a) Average cost curve (b) Average Variable Cost curve (c) Marginal Cost curve (d) Average Revenue curve

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Q7. Other Name of LAC curve is :

(a) Profit Curve (b) Planning Curve (c) Demand Curve (d) Indifference Curve

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Q8. Marginal Utility –

(a) Will always be positive (b) Will always be negative (c) Can be positive or negative but not zero (d) Can be positive or negative or zero

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Answer Key Q1- a Q2- d Q3- a Q4- d Q5- b Q6- c Q7- b Q8- d

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