Economics Past Questions and Answers

If wage rate is less than the average revenue product, the firms would be earning________

Whether a monopolist is able to increase his revenue by restricting his output depends on the shape of the_________

No of Men	1	2	3	4	5	6	7	8
Total Product(unit)	200	440	540	600	640	660	660	640

If the price per unit is N2, what is the average revenue when 6 men are employed?

Which of the following is NOT a source of government revenue?

Revenue can be expressed as