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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 QuizMaster
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 QuizMaster
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 QuizMaster
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 QuizMaster
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 QuizMaster
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 QuizMaster
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

A firm which engages in in the busyness of banking_________________?

August 30, 2021March 28, 2019 by QuizMaster
A firm which engages in in the busyness of banking_________________?

A. State bank
B. Commercial bank
C. World bank
D. None

Categories Agricultural economics

A schedule showing the amounts households plan to spend for consumer goods at different levels of disposable income is called________________?

August 30, 2021March 28, 2019 by QuizMaster
A schedule showing the amounts households plan to spend for consumer goods at different levels of disposable income is called________________?

A. Income schedule
B. Saving schedule
C. Consumption schedule
D. None

Categories Agricultural economics

A federal budget deficit caused by a recession and a consequent decline in tax revenues ?

August 30, 2021March 28, 2019 by QuizMaster
A federal budget deficit caused by a recession and a consequent decline in tax revenues ?

A. Annual deficit
B. Cyclical deficit
C. Anticipated deficit
D. None

Categories Agricultural economics

A labour union which limits its membership to workers with a particular skill ?

August 30, 2021March 28, 2019 by QuizMaster
A labour union which limits its membership to workers with a particular skill ?

A. Labour union
B. Craft union
C. Credit union
D. None

Categories Agricultural economics
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