Competition “among the few” is often called as:
Competition “among the few” is often called as:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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Costs incurred only when production occurs are known as:
Question: Costs incurred only when production occurs are known as:
A. Explicit costs. B. Fixed costs. C. Variable costs. D. Technological expenses. Answer» c. Variable costs. Note: The above multiple-choice question is for all general and Competitive Exams in India. The marginal productivity of labour:
Question: The marginal productivity of labour:
A. increases when the price of the good sold increases, ceteris paribus B. decreases when there is an adverse supply shock, ceteris paribus C. increase when more workers are hired, ceteris paribus D. decreases when there is an increase in the quantity of capital, ceteris paribus Answer» b. decreases when there is an adverse supply shock, ceteris paribus Note: The above multiple-choice question is for all general and Competitive Exams in India. APC is determined by the following equation:
Question: APC is determined by the following equation:
A. c/y B. s/y C. ∆c/∆y D. ∆s/∆y Answer» a. c/y Note: The above multiple-choice question is for all general and Competitive Exams in India. ________ social science discipline deals with the integration of different aspects of the Social Sciences, Humanities, and Human Biology
Question: ________ social science discipline deals with the integration of different aspects of the Social Sciences, Humanities, and Human Biology
A. Criminology B. Demography C. Geography D. Anthropology Answer» d. Anthropology Note: The above multiple-choice question is for all general and Competitive Exams in India. At saturation point MU of a commodity is
Question: At saturation point MU of a commodity is
A. positive B. negative C. zero D. increasing Answer» c. zero Note: The above multiple-choice question is for all general and Competitive Exams in India. Graph of variables having linear relation will be
Question: Graph of variables having linear relation will be
A. curved B. hyperbola C. straight line D. none of the above Answer» c. straight line Note: The above multiple-choice question is for all general and Competitive Exams in India.