The payment given to the factor labour is known as:
The payment given to the factor labour is known as:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
Similar Posts
The change in demand is due to the change in :
Question: The change in demand is due to the change in :
A. Income B. Own price C. Prices of related products D. Expectations Answer» b. Own price Note: The above multiple-choice question is for all general and Competitive Exams in India. The Price elasticity of demand for a product is 1.5 and its MR = 8, find its price:
Question: The Price elasticity of demand for a product is 1.5 and its MR = 8, find its price:
A. 12 B. 24 C. 53 D. 16 Answer» b. 24 Note: The above multiple-choice question is for all general and Competitive Exams in India. Which of the following is irrelevant for rational decision making?
Question: Which of the following is irrelevant for rational decision making?
A. Total variable cost (TVC) B. Explicit cost. C. Average fixed cost (AFC). D. Marginal cost (MC). Answer» a. Total variable cost (TVC) Note: The above multiple-choice question is for all general and Competitive Exams in India. Price discrimination under monopoly is of
Question: Price discrimination under monopoly is of
A. One B. Two C. Three D. Four Answer» c. Three Note: The above multiple-choice question is for all general and Competitive Exams in India. Father of Economics:
Question: Father of Economics:
A. Marshall B. David Ricardo C. Adam Smith D. J.M. Keynes Answer» c. Adam Smith Note: The above multiple-choice question is for all general and Competitive Exams in India. The death rate of babies under one month is known as :
Question: The death rate of babies under one month is known as :
A. neonatal mortality rate B. infant mortality rate C. maternal mortality rate D. foetal death rate Answer» a. neonatal mortality rate Note: The above multiple-choice question is for all general and Competitive Exams in India.