CSS Economics Solved Mcqs

Q.  Normal profit is called normal because:

a. It is neither very high nor very low
b. It is minimum acceptable to the producer
c. It is minimum which buyer wants to pay
d. It is the maximum allowed by govt.


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  One of the following economists do not belong to the Austrian School. Identify him:
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Which one of the following theories of trade cycle was propounded by W.S. Jevons?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  What was the nationality of Frederic List?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  "The Purchasing Power Parity Theory" came into prominence in 1916 through the writings of:
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  The input-output analysis owes its origin and development to:
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Who wrote "An Introduction to Positive Economics"?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Identify the author of "Mathematical Analysis for Economists:"
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Which of the following is not correctly matched?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Who among the following well-known economists graduated from the London School of Economics?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  "The Strategy of Economic Development" is the work of:
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Who is the author of "Problems of Capital Formation in Underdeveloped Countries"?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Identify the work of Irving Fisher
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Who wrote "There are no longer any believers in laissez-faire except on the lunatic fringe the truth is that we are all planners now"?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Who coined the phrase a temporary abode of purchasing power' while explaining the concept of money?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Who developed the "Keynesian Theory of Distribution"?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Identify the economist who propounded the "Liquidity Preference Theory of Interest":
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Which one among the following does not match?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Which of the following is not the work of J.B. Clark?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Identify the economist who propounded the "Time Preference Theory of Interest":
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts
MCQs:  Who developed the concept of "Representative Firm"?
Category: Central Superior Service Test Mcqs (CSS),   Published by: T-Code Scripts