A. rise in demand B. unemployment C. fall in standard of living D. high per capita income Correct Answer: Option…
A. a rise in people's standard of living B. low level of illiteracy C. low level of taxation D. increase…
A. Higher death rate may lead to low productivity B. Population may outgrow the means of subsistence C. people will…
A. Optimum population whenever achieved does not change B. Under-population implies that available resources are not used to full capacity…
A. has a joint demand with another commodity B. is demanded by the rich only C. is demanded for immediate…
A. competitive demand B. elastic demand C. derived demand D. composite demand Correct Answer: Option A A. competitive demand
A. perfectly elastic B. Perfectly inelastic C. concave D. downward sloping Correct Answer: Option B B. Perfectly inelastic
A. Public Limited Company B. private limited company C. private authority D. public corporation Correct Answer: Option D D. public…
A. president of the country B. workers C. general manager D. shareholders Correct Answer: Option D D. shareholders
A. the prices of their products are usually high B. they render personalized services to the consumers C. they usually…