A. land acquisition becomes centralized B. imports of substitutes are reduced C. waste in the firm is eliminated D. subsidies…
A. dependence on too many crops B. poor storage facilities C. adverse weather condition D. recession in the world economy…
A. date rate is reduced B. marriage is abolished C. more hospitals are built D. more restraint is adopted Correct…
A. structural unemployment B. frictional unemployment C. seasonal unemployment D. residual unemployment Correct Answer: Option C C. seasonal unemployment Explanation…
A. are located very close to consumers B. finance both producers and retailers C. pass information on from retailers to…
A. their private properties B. both company and private properties C. only the capital invested D. only their dividends Correct…
A. government appointees are members of the board B. they are run by elected public officers C. electoral principles are…
A. greater than average cost B. less than average variable cost C. equal to the minimum average cost D. equal…
A. law of diminishing marginal returns B. concept of economies of scale C. law of comparative cost advantage D. theory…
A. increasing returns to scale B. diminishing average returns C. decreasing marginal returns D. decreasing average fixed cost Correct Answer:…