A. allocate resources B. limit a worker's skills C. increase the use of labour D. increase productivity Correct Answer: Option…
A. it is the main source of energy B. it employs more than 50% of the total labour force C.…
A. marginal product curve of labour B. total product curve of labour C. average product curve of labour D. total…
A. increased wages B. better condition of services C. competitive determination of wage rate D. improved welfare facilities Correct Answer:…
A. birth rate B. death rate C. Emigration D. unemployment Correct Answer: Option D D. unemployment
A. competition between buyers and sellers B. competition among buyers C. competition among sellers D. government policy Correct Answer: Option…
A. average variable cost B. total fixed cost C. average total cost D. marginal cost Correct Answer: Option A A.…
A. MC = MR but AR < AC B. MR = MC = AR = AC C. AC = AR…
A. monopolistic competition B. perfect competition C. monopoly D. monopsony Correct Answer: Option A A. monopolistic competition
A. price and output B. price only C. output only D. price or output Correct Answer: Option D D. price…