A. Cyclical increase in prices B. Periodic increase in prices C. Persistent increase in prices D. Occasional increase in prices…
A. inadequate information B. trade fluctuations C. structural changes D. seasonal changes Correct Answer: Option B B. trade fluctuations Explanation…
A. High rate of inflation B. increase in the value of money C. Increase in import D. High rate of…
A. 1 % B. 7.5% C. 12.5% D. 20% Correct Answer: Option C C. 12.5%
A. homogeneous B. durable C. easily recognized D. stable in value Correct Answer: Option D D. stable in value Explanation…
A. Consumers' co-operative societies B. marketing co-operative societies C. Credit and thrift co-operative societies D. Producers' co-operative societies Correct Answer:…
A. marginal and average cost curves B. average cost curves C. average variable cost curves D. average variable and total…
A. normal time B. long run C. market period D. short run Correct Answer: Option B B. long run Explanation…
A. $ 0.08 B. $ 5.00 C. $ 25.02 D. $ 125 Correct Answer: Option C C. $ 25.02
A. average utility B. increasing utility C. total utility D. marginal utility Correct Answer: Option D D. marginal utility Explanation…