A. Public sector
B. Private sector
C. Public utility
D. None
Agriculture Mcqs
The total amount by the federal govt. of the owner of the govt. securities is called……………….?
A. Public debt
B. Public finance
C. Public good
D. None
The ability of Market forces to synchronize selling and buying decision to eliminate potential surpluses and shortages is known as……………..?
A. Generalization
B. Specification
C. Rationing function of the price
D. None
A supply curve shifts because of change in…………………?
A. The price of the related products
B. Technology
C. Both a and b
D. None of these
Change in quantity demanded is………………….?
A. Upward movement or shift of entire cure.
B. Shift of the demand curve to left side
C. Movement from one point to the other on the same demand curve
D. None
When price for one and demand for other move in same direction we say them……………….?
A. Complementary
B. Substitutes
C. Supplementary
D. None
Upward shift of the demand curve is due to……………..?
A. Changing in quantity demanded
B. Increase in demand
C. Decrease in quantity demanded
D. None
Allocative efficiency is………………?
A. Producing all output combinations in least costly way
B. Producing the specific output mix most desired by society
C. Producing the desired things
D. None
Commodities whose demand varies directly with money income are called………………….?
A. Superior or normal goods
B. Complementary goods
C. Substitutes
D. None
An individuals demand curve is down sloping because…………………?
A. Price and quantity demanded are inversely related
B. P & D are directly related
C. There is no relation bet P & D
D. None