CSS Economics Solved Mcqs


Q.  Economies of scale:

a. Occur when an increase in input causes a less than proportionate increase in output
b. Suggest that firm's marginal cost curve lies above its average cost curve
c. Suggest that the firm's marginal cost curve lies above its average cost curve
d. None of these


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  In which form the largest percentage of national income is earned:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  The minimum wage is an example of:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  A firm maximizes profit if:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Who is unemployed:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Standard of living of workers depends upon their:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Doctors get higher wages than clerks because:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Under Marginal productivity Theory, reward for labour is determined by:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  The economist Ricardo argued that prices were _____ because land rents were _______
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  As for the cost of production of an individual farmer, the rent paid by him:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  He presented a theory of rent:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  The following affect rent EXCEPT:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  These are kinds of rent EXCEPT:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  This is capital:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  According to Keynes interest is a payment for:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Interest is paid because:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  With decrease in price of bonds, rate of interest:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  Every factor of production gets reward equal to its:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  According to Keynes, interest is a payment for:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  In economics capital refers to:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm
MCQs:  If rate of interest is 10% the PV (present value) of Rs. 100 received in 1 years time is:
Category: Central Superior Service Test Mcqs (CSS),   Published by: teswesm