Q. The price which covers the variable cost as well as the fixed price is
✅ Correct Answer: (B)
Long run price
Business Management MCQs and Notes
Q. Which one is very sensitive to changes in iterest rate
✅ Correct Answer: (C)
Speculative demand for money
Q. Against which type of account a cheque can be drawn?
✅ Correct Answer: (B)
Current account
Q. Reflation is
✅ Correct Answer: (B)
a controlled inflation of moderate degree
Q. Windfall profits accrue due to
✅ Correct Answer: (D)
unexpected circumstances
Q. Which of the following is an example of non-economic goods?
✅ Correct Answer: (B)
Sand in desert
Q. All the following debt securities pay the bearer interest except
✅ Correct Answer: (B)
Treasury bills
Q. A monopolistic firm's average revenue is always
✅ Correct Answer: (A)
Rising
Q. Interest is not payable on investment in
✅ Correct Answer: (C)
shares
Q. Which Trade Union has affiliation to Congress party
✅ Correct Answer: (A)
All India Trade Union Congress