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Agricultural economics

The role of power in economic decision making is studied in________________?

August 30, 2021March 28, 2019 by admin
The role of power in economic decision making is studied in________________?

A. Development economics
B. Traditional economics
C. Political economics
D. None of these

Categories Agricultural economics

Excess of total revenue over total costs_______________?

August 30, 2021March 28, 2019 by admin
Excess of total revenue over total costs_______________?

A. Producer surplus
B. Scarcity rent
C. Both
D. None

Categories Agricultural economics

Recurring increase and decrease in the level of economic activity over periods of years?

August 30, 2021March 28, 2019 by admin
Recurring increase and decrease in the level of economic activity over periods of years?

A. Business cycle
B. Cyclic flow
C. Both
D. None

Categories Agricultural economics

The rate of exchange of one nation’s currency for another nation’s currency?

August 30, 2021March 28, 2019 by admin
The rate of exchange of one nation’s currency for another nation’s currency?

A. Exchange rate appreciation
B. Exchange rate depreciation
C. Exchange rate determinant
D. None of these

Categories Agricultural economics

The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?

August 30, 2021March 28, 2019 by admin
The monitory income a firm sacrifices when it uses a resource it rosins rather than supplying the resource in the market ?

A. Implicit cost
B. Explicit cost
C. Economic cost
D. Nominal cost

Categories Agricultural economics

Any resource whose quantity can not be changed by a firm in the short run_______________?

August 30, 2021March 28, 2019 by admin
Any resource whose quantity can not be changed by a firm in the short run_______________?

A. Fixed resource
B. Variable resource
C. Available resource
D. Economic resource

Categories Agricultural economics

A type of unemployment used by workers voluntarily changing jobs and by temporary layoffs; unemployment workers between jobs?

August 30, 2021March 28, 2019 by admin
A type of unemployment used by workers voluntarily changing jobs and by temporary layoffs; unemployment workers between jobs?

A. Underemployment
B. Frictional employment
C. Temporary unemployment
D. None of these

Categories Agricultural economics

A group of firms which produces identical or similar products__________________?

August 30, 2021March 28, 2019 by admin
A group of firms which produces identical or similar products__________________?

A. Plant
B. Industry
C. Company
D. Organization

Categories Agricultural economics

A debit which monitory value, an amount awed by a firm or an individual___________________?

August 30, 2021March 28, 2019 by admin
A debit which monitory value, an amount awed by a firm or an individual___________________?

A. Lockout
B. Logrolling
C. Liability
D. None

Categories Agricultural economics

A tax which is a constant amount at all levels of GDP is termwd as ?

August 30, 2021March 28, 2019 by admin
A tax which is a constant amount at all levels of GDP is termwd as ?

A. Fixed tax
B. Surcharge
C. Lump sum tax
D. None

Categories Agricultural economics
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