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The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?

August 30, 2021March 28, 2019 by QuizMaster
The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?

A. Specialization
B. speculation
C. Fly over
D. Capital flight

Categories Agricultural economics

An interest bearing deposit which normally can be withdrawn by the depositor at any time ?

August 30, 2021March 28, 2019 by QuizMaster
An interest bearing deposit which normally can be withdrawn by the depositor at any time ?

A. Saving deposit
B. Fixed deposit
C. Capital deposit
D. None

Categories Agricultural economics

An essentially risk free, long term interest rate which is free of the influence of market imperfections?

August 30, 2021March 28, 2019 by QuizMaster
An essentially risk free, long term interest rate which is free of the influence of market imperfections?

A. Pure rate of interest
B. Economic rate of interest
C. Nominal rate of interest
D. None

Categories Agricultural economics

A good and service is indivisible and to which the exclusion principle does apply is called_________________?

August 30, 2021March 28, 2019 by QuizMaster
A good and service is indivisible and to which the exclusion principle does apply is called_________________?

A. Public service
B. Public good
C. Public finance
D. Public debt

Categories Agricultural economics

The coordinating mechanism of capitalism is a system of___________________?

August 30, 2021March 28, 2019 by QuizMaster
The coordinating mechanism of capitalism is a system of___________________?

A. Capital and laborers
B. Competition
C. Market and prices
D. All

Categories Agricultural economics

The intersection of the supply curve and demand curve indicates ?

August 30, 2021March 28, 2019 by QuizMaster
The intersection of the supply curve and demand curve indicates ?

A. Market equilibrium
B. Market demand
C. Market condition
D. None

Categories Agricultural economics

Determinant of supply is__________________?

August 30, 2021March 28, 2019 by QuizMaster
Determinant of supply is__________________?

A. Resource price
B. Techniques of production
C. Taxes a subsidies
D. All

Categories Agricultural economics

Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is___________________?

August 30, 2021March 28, 2019 by QuizMaster
Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is___________________?

A. Say’s law
B. Keynes theory of supply
C. Law of supply
D. None

Categories Agricultural economics

A demand curve shifts because of change is_____________________?

August 30, 2021March 28, 2019 by QuizMaster
A demand curve shifts because of change is_____________________?

A. Consumer tastes
B. Number of buyers in market
C. Incomes
D. All of these

Categories Agricultural economics

Monopoly and oligopoly are the examples of___________________?

August 30, 2021March 28, 2019 by QuizMaster
Monopoly and oligopoly are the examples of___________________?

A. Perfect competition
B. Imperfect competition
C. Pure competition
D. None

Categories Agricultural economics
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