Agriculture MCQs

2794 MCQs  (Page 24 of 280)

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Total number of monetary units received by a firm from the sale of a product is called___________________?
A. Total revenue
B. Nominal profit
C. Both
D. None
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To obtain the greates utility consumer should allocate money income so that last dollar spent on each good or service yields the same marginal utility ?
A. Law of diminishing return
B. Say’ law
C. Law of diminishing marginal utility
D. Say’ law
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Increase in the price level at a rate greater than expected ?
A. Dearness
B. Deflation
C. Stagflation
D. Unanticipated
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Building of new factories in particular nation by corporations of other nations ?
A. Discrimination
B. Direct foreign investment
C. Profit maximization rule
D. Economies of scale
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An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?
A. Increasing cost industry
B. Decreasing cost industry
C. Declining industry
D. None of these
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A course of action indented to correct or avoid a problem_________________?
A. Economic principle
B. Economic policy
C. Economic phenomena
D. Economic rationale
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Obtaining the socially optimal amounts of goods and services using minimum necessary resources ?
A. Economic efficiency
B. Productive efficiency
C. Allocative efficiency
D. All
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An accounting item which decreases the value of an asset___________________?
A. Debit
B. Credit
C. Depreciation
D. None
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A labour union which limits its membership to workers with a particular skill ?
A. Labour union
B. Craft union
C. Credit union
D. None
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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
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Word of the Day
26 Jul
Simultaneously
at the same time.
ایک ہی وقت میں، ایک ساتھ، بیک وقت

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