CSS :: Agricultural Economics And Farm Management
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For students in search of
- Hydroponic Gardening
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Guides - Basics to Experts level
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Growing fruit and vegetables hydroponically
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Practical daily questions or queries of hydroponics lovers
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Current Hydroponics and Indoor Gardening Market Growth as well as Trends
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121. |
If two items are complementary then demand of one item will increase for ______ in price of another item: |
A. |
Increase |
B. |
Decreases |
C. |
No effect |
D. |
Not known |
Answer: Option A
Explanation:
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122. |
If two items are supplementary than demand of item will decrease against the ______ in price of another item: |
A. |
Increase |
B. |
Maximum |
C. |
Decrease |
D. |
Minimum |
Answer: Option A
Explanation:
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123. |
In a complete farm planning due consideration is given to: |
A. |
Resource use and restrictive |
B. |
Relationship among different enterprises |
C. |
Goods managerial skill of the operator |
D. |
All of above |
Answer: Option D
Explanation:
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124. |
In a manufacturing industry generally applies law of: |
A. |
Constant return |
B. |
Increasing return |
C. |
Decreasing return |
D. |
All of the above |
Answer: Option A
Explanation:
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125. |
In a market situation when there is only one seller of a commodity, it is: |
A. |
Duopoly Market |
B. |
Oligopoly Market |
C. |
Monopoly Market |
D. |
None of the above |
Answer: Option C
Explanation:
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126. |
In capitalistic farming, te land is owned by: |
A. |
Land lord |
B. |
Factory lord |
C. |
Both (a) and (b) |
D. |
Government |
Answer: Option C
Explanation:
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127. |
In classical production function when average product is incresing: |
A. |
Marginal product is less than average product |
B. |
Marginal product is equal to average product |
C. |
Marginal product is greater than average product |
D. |
None of the above |
Answer: Option C
Explanation:
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128. |
In classical production function, rational zone is always: |
A. |
First zone |
B. |
Second zone |
C. |
Third zone |
D. |
None of the above |
Answer: Option B
Explanation:
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129. |
In economics the term 'land' as a factor of production includes: |
A. |
Mineral wealth |
B. |
Sub-soil water and crops raised |
C. |
Canals and dams |
D. |
All of the above |
Answer: Option D
Explanation:
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130. |
In economics the term 'labour' means: |
A. |
Only manual labour |
B. |
Only mental work |
C. |
Manual and mental work |
D. |
None of these |
Answer: Option C
Explanation:
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