CSS Agriculture Questions & Answers - Part-2


Q.  Which one of the following economic principles helps a farmer to allocate his limited resources to two different enterprises?

a. The law of variable proportions
b. The law of comparative advantage
c. The law of equimarginal returns
d. The principles of fixed and variable costs


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  If substitution ratio is equal to price ratio than cost will be:
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MCQs:  If substitution ration is less than price ratio than cost will be:
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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:
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MCQs:  If the income elasticity of demand is greater than one, the commodity is:
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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:
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MCQs:  If the price of a commodity is decreased than the demand will:
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MCQs:  If the production function is homogenous of degree one then the scale elasticity of output will be:
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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:
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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:
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MCQs:  If two items are complementary then demand of one item will increase for ______ in price of another item:
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MCQs:  If two items are supplementary than demand of item will decrease against the ______ in price of another item:
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MCQs:  In a complete farm planning due consideration is given to:
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MCQs:  In a manufacturing industry generally applies law of:
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MCQs:  In a market situation when there is only one seller of a commodity, it is:
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MCQs:  In capitalistic farming, te land is owned by:
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MCQs:  In classical production function when average product is incresing:
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MCQs:  In classical production function, rational zone is always:
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MCQs:  In economics the term 'land' as a factor of production includes:
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MCQs:  In economics the term 'labour' means:
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