📊 Basics of Economics
Q. The term production refers to:
  • (A) producing things which are capable of satisfying human wants
  • (B) creation or addition of utilities
  • (C) transformation of inputs into output
  • (D) all of the above
💬 Discuss
✅ Correct Answer: (D) all of the above

You must be Logged in to update hint/solution

💬 Discussion

Related Posts

Q. Rate of interest will increase when the demand for saving is:

Q. A rational producer will select his level of production in which stage of the law of variable proportions

Q. Increasing returns to scale occurs due to

Q. The cost of next best alternative is called

Q. If the quantity demanded remains unchanged as the price of the commodity falls, the coefficient of price elasticity of demand is:

Q. In which of the following market, advertisement is absent:

Q. Micro economics doesn’t deal with:

Q. When MC is greater than AC, AC

Q. APC + APS is equal to:

Q. Firms owned by one individual is known as

📱 Download Our App

Learn MCQs on the go with our easy-to-use Android app

Get it on Google Play

📊 Question Analytics

👁️
939
Total Visits
📽️
3 y ago
Published
🎖️
Mr. Dubey
Publisher
📈
80%
Success Rate