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CSS :: Agricultural Economics And Farm Management


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151.  Indifference curve are those curve:
A. Which are circular in shape B. Which are concave in shape
C. Which does not intersect to each other D. Which always cuts the axis

152.  Individuals do not have physical control of the product but they render personal service are known as:
A. Speculated middle man B. Commission agents
C. Brokers D. Whole sellers

153.  Individuals, which specialize in performing the various marketing functions and rendering their services, are known as:
A. Producers B. Consumers
C. Middle man D. None of the above

154.  Individuals who buy goods from whole sellers and sell them to the consumers in small quantities are known as:
A. Whole seller B. Retailer
C. Consumer D. Producer

155.  Initial utility is the utility of the:
A. First unit B. Last unit
C. Marginal units D. Third unit

156.  Keeping few birds, some fruit trees and a small garden on farm are the:
A. Complementary enterprise B. Competitive enterprise
C. Supplementary enterprise D. None of these

157.  Which of the following is not a component of farm business?
A. Land B. Capital
C. Labour and Management D. Water

158.  Land holding of either 10 or more hectares have been classified as:
A. Semi-medium B. Medium
C. Semi-large D. Large

159.  Land reforms have been equated with total ______ development:
A. Urban B. Agrarian
C. Industrial D. Education

160.  Level of output of a particular commodity depends upon the quantities of inputs used for its production. This relationship is known as:
A. Production process B. Product mix
C. Production function D. Cost function




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