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MCQs: If a per cent change in the price of a commodity is followed by a 10 percent change in the quanity demanded, the elasticity of demand of that commondity is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If by increasing the quantity of labour used by one unit the firm can substitute up to units of capital and still produce the same output, then the marginal rate of technical substitution of labour for capital is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If change in price is 1% and charge in demand is 1% demand will be called:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If more and more capital and labour are applied to a fixed piece of land, the system of cultivation or farming is known as:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If more is demanded at the same price, it is a case of:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If substitution ratio is equal to price ratio than cost will be:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If substitution ration is less than price ratio than cost will be:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If technical progress leads to a rise in labour productivity of 5%, then an increase of 5% in the wage rate would imply that:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the income elasticity of demand is greater than one, the commodity is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the members have not any right on land and connot take decisions regarding farming but guided by a general body and profit is given according to the labour and capital invested by the member is known as:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the price of a commodity is decreased than the demand will:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the production function is homogenous of degree one then the scale elasticity of output will be:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the quanitity of a commodity demanded does not change when its price, the demand curve is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the quantity of commodity demand remains unchanged as its price changes, the coefficient of price elasticity of demand is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If the small holders form a society for farming and get profit after deducting the expenses of his price of land and farmer also have right on his land the system is known as:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If two items are complementary then demand of one item will increase for ______ in price of another item:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: If two items are supplementary than demand of item will decrease against the ______ in price of another item:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: In a complete farm planning due consideration is given to:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: In a manufacturing industry generally applies law of:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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MCQs: In a market situation when there is only one seller of a commodity, it is:
Category: Central Superior Service Test Mcqs (CSS), Published by: teswesm
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