CSS Economics Solved Mcqs

Q.  Those who invest in joint stock companies are called:

a. Partners
b. Shareholders
c. Members
d. Associates


ANSWER: See Answer
 
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MCQs:  Profit is maximum when:
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MCQs:  Profit is maximum when:
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MCQs:  Profit is maximum when:
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MCQs:  At the point of equilibrium of firm (under perfect competition):
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MCQs:  Normal profit is:
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MCQs:  Economic profit is:
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MCQs:  A firm earns economic profit when total profit exceeds:
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MCQs:  The basic goal of a firm is to:
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MCQs:  A firm's MR exceeds its MC, maximum profit rule requires that firm to:
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MCQs:  Union leaders are in a better position to bargain for higher wages if demand for labour is:
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MCQs:  Sometimes the supply curve of labour ends:
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MCQs:  In which form the largest percentage of national income is earned:
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MCQs:  The minimum wage is an example of:
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MCQs:  A firm maximizes profit if:
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MCQs:  Who is unemployed:
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MCQs:  Standard of living of workers depends upon their:
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MCQs:  Doctors get higher wages than clerks because:
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MCQs:  Under Marginal productivity Theory, reward for labour is determined by:
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MCQs:  The economist Ricardo argued that prices were _____ because land rents were _______
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MCQs:  As for the cost of production of an individual farmer, the rent paid by him:
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