A. consumers cooperative society B. producers cooperative society C. sales agents D. large scale producers Correct Answer: Option A A.…
A. peasant farming B. plantation agriculture C. commercial farming D. subsistent farming Correct Answer: Option D D. subsistent farming Explanation…
A. a ready market B. power station C. the source of finance D. the raw material Correct Answer: Option D…
A. decrease in crime rate B. increase in the food supply C. decrease in the standard of living D. decrease…
A. structural unemployment B. disguised unemployment C. residual unemployment D. frictional unemployment Correct Answer: Option A A. structural unemployment Explanation…
A. partnership B. private company C. public limited company D. public corporation Correct Answer: Option C C. public limited company…
A. labour force B. supply of labour C. demand of labour D. occupational demand for labour Correct Answer: Option A…
A. private firm B. public company C. statutory company D. limited partnership Correct Answer: Option B B. public company Explanation…
A. his average revenue curve is horizontal B. He determines both price and output C. his demand and marginal revenue…
A. total profit B. total revenue C. total cost D. average revenue Correct Answer: Option B B. total revenue Explanation…