Cost Accounting

General equilibrium analysis refers to

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Question:

General equilibrium analysis refers to

A.

Behaviour of individual economic decision making units and individual markets in isolation

B.

Behaviour of all the individual decision making units and market viewed in totality

C.

Both ; (d)

D.

none

Answer» b. Behaviour of all the individual decision making units and market viewed in totality

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Assuming consumption C= `45000, Investment I= `1000, Government Purchase G= `1200, Exports=`450, Depreciation = `600, and Indirect Tax= `500, then GDP will be

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Question:

Assuming consumption C= `45000, Investment I= `1000, Government Purchase G= `1200, Exports=`450, Depreciation = `600, and Indirect Tax= `500, then GDP will be

A.

`5900

B.

`6600

C.

`6000

D.

`5100

Answer» b. `6600

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

The material handling cost per unit of product in continuous production is:

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Question:

The material handling cost per unit of product in continuous production is:

A.

Highest compared to other systems

B.

Lower than other systems

C.

Negligible

D.

Cannot say.

Answer» b. Lower than other systems

Note: The above multiple-choice question is for all general and Competitive Exams in India.