A. rises as its price rises B. falls as its price rises C. rises as its price falls D. is…
A. overhead cost B. fixed cost C. marginal cost D. average variable cost Correct Answer: Option D - average variable…
A. labour to output B. man-hours to output C. output to man-hours D. average product to man-hours Correct Answer: Option…
A. reduce the birth rate B. reduce the emigration rate C. increase the birth rate D. enhance longevity Correct Answer:…
A. dependency is ratio high B. population is optimum C. active population is large D. population is growing according to…
A. ON B. OK C. OL D. OF Correct Answer: Option C - OL
A. excess supply B. consumer surplus C. excess consumption D. producer surplus Correct Answer: Option B - consumer surplus
A. minimum price B. markup price C. maximum price D. mark-down price Correct Answer: Option C - maximum price
A. L B. M C. N D. P Correct Answer: Option B - M
A. that is combined both the capitalist and socialist systems B. the freedom of choice in the production and consumption…