138.
πΈCHARTERED GURUπΈ
πΈFREE MCQ SeriesπΈ In the diagram above, total utility is the area
πΈCHARTERED GURUπΈ
πΈFREE MCQ SeriesπΈ In the diagram above, total utility is the area
Anonymous Quiz
24%
Above price line and below demand curve
39%
Total area below demand curve
33%
Area covered by the square
5%
None of above
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Eco & BCK (Q) - MTP1 May 2020.pdf
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π£From today we are starting MCQβs on Theory of cost and production
139.
πΈCHARTERED GURUπΈ
πΈMCQ SeriesπΈ Which of the following activity is production in economics
πΈCHARTERED GURUπΈ
πΈMCQ SeriesπΈ Which of the following activity is production in economics
Anonymous Quiz
12%
A farmer engaged in wheat / rice production activity
4%
A vegetable seller selling Vegitable on street
8%
A carpenter making tables and chairs from wood
77%
All of above
140.
πΈCHARTERED GURUπΈ
πΈMCQ SeriesπΈ Which of the following is the best definition of production in economics
πΈCHARTERED GURUπΈ
πΈMCQ SeriesπΈ Which of the following is the best definition of production in economics
Anonymous Quiz
4%
Extraction of resources from earth
26%
Changing the form of goods so as to make them suitable for users needs
66%
An act by which utility is either created or added to the goods and services
4%
None of above
141.
πΈCHARTERED GURUπΈ
πΈFREE MCQ SeriesπΈ A trader who buys the goods from producer and sells them over a period of time, he is creating
πΈCHARTERED GURUπΈ
πΈFREE MCQ SeriesπΈ A trader who buys the goods from producer and sells them over a period of time, he is creating
Anonymous Quiz
66%
Time utility
11%
Place utility
5%
Form utility
18%
All of above
142.
πΈCHARTERED GURUπΈ
πΈFREE MCQ SeriesπΈ Which of the following is example of land in economics
πΈCHARTERED GURUπΈ
πΈFREE MCQ SeriesπΈ Which of the following is example of land in economics
Anonymous Quiz
3%
Water
1%
Air
27%
Earth
70%
All of above
143.
πΈCHARTERED GURUπΈ
πΈMCQ SeriesπΈ Which of the following is labour in economics
πΈCHARTERED GURUπΈ
πΈMCQ SeriesπΈ Which of the following is labour in economics
Anonymous Quiz
2%
A chartered accountant preparing audit report for his client
24%
A coolie carrying luggage of passengers
2%
A bank manager engaged in sanctioning loans
72%
All of above