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81.

Which of the following depicts "joint demand"

82.

Equity means

A.	Money value exclusive of claims against it	B.	Money value of inclusive of claims
C.	Foreign investment	D.	Loan against mortgage of property
E.	None of the above

83.

Tariff means

84.

A manufacturer in Tamilnadu sells his goods in Madras. Which tax is applicable on his goods?

85.

Which of the following is a capital asset?

A.	A copy right	B.	Stock in trade
C.	Property held for sale to customers	D.	Shares of stock in a company

86.

In which case value engineering may not be relevant?

A.	Shopping plaza	B.	Gas turbine blade ring
C.	Electric fan	D.	Automobile

87.

The average revenue curve of a firm is

A.	the curve representing the cost per unit of output	B.	the same as the demand curve of consumers for the firm's product
C.	total receipts realised by the firm	D.	B and C above

88.

Of the following, which one constitutes an implicit cost to a firm?

A.	Profits realised from current production	B.	Payments made on leased equipment
C.	Salaries paid to its legal consultants	D.	Depreciation charges on company owned equipment

89.

Of the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?

A.	Small income of the consumer	B.	The fact that goods and services have a price
C.	The fact that as more goods and services are purchased by the consumer, these goods and services yield decreasing amounts of marginal utility	D.	Rationality of the consumer

90.

For manufacturing firm

A.	average costs will rise as output reaches a certain level - then they will begin to fall	B.	total costs will rise as output reaches a certain level - then they will begin to fall
C.	marginal costs will rise as output reaches certain level - then they will begin to fall	D.	average costs will fall as output reaches a certain level - then they will begin to rise