A. Producer surplus
B. Scarcity rent
C. Both
D. None
Excess of total revenue over total costs_______________? Read More »
Agricultural economics A. Business cycle
B. Cyclic flow
C. Both
D. None
Recurring increase and decrease in the level of economic activity over periods of years? Read More »
Agricultural economics A. Exchange rate appreciation
B. Exchange rate depreciation
C. Exchange rate determinant
D. None of these
The rate of exchange of one nation’s currency for another nation’s currency? Read More »
Agricultural economics A. Implicit cost
B. Explicit cost
C. Economic cost
D. Nominal cost
A. Fixed resource
B. Variable resource
C. Available resource
D. Economic resource
A. Underemployment
B. Frictional employment
C. Temporary unemployment
D. None of these
A. Plant
B. Industry
C. Company
D. Organization
A group of firms which produces identical or similar products__________________? Read More »
Agricultural economics A. Lockout
B. Logrolling
C. Liability
D. None
A. Fixed tax
B. Surcharge
C. Lump sum tax
D. None
A tax which is a constant amount at all levels of GDP is termwd as ? Read More »
Agricultural economics A. State bank
B. Commercial bank
C. World bank
D. None
A firm which engages in in the busyness of banking_________________? Read More »
Agricultural economics