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Production

Q.1) Economic rent refers to-

(A) Payment made for the use of land

(B) Profit

(C) Producer's surplus

(D) Consumer's surplus

Q.2) The Marginal Utility Curve slopes downward from left to right indicating.

(A) A direct relationship between marginal utility and the stock of commodity

(B) A constant relationship between marginal utility and the stock of commodity

(C) A proportionate relationship between marginal utility and the stock of commodity

(D) An inverse relationship between marginal utility and the stock of commodity

Q.3) Enterpreneurial ability is a special kind of labour that-

(A) Is hired out to firms at high wages

(B) Organises the process of production

(C) Produce new capital goods to earn interest

(D) Manage to avoid losses by continual

Q.4) When marginal utility is zero, the total utility is-

(A) Minimum

(B) Increasing

(C) Maximum

(D) Decreasing

Q.5) Operating Surplus arises in the-

(A) Government sector

(B) Production for self consumption

(C) Subsistance farming

(D) Enterprise Sector

Q.6) The fixed cost on such factors of production which are neither hired nor bought by the firm is called-

(A) Social cost

(B) Opportunity cost

(C) Economic cost

(D) Surcharged cost

Q.7) Given the money wages,if the price level in an economy increases, then the real wages will-

(A) Increase

(B) Decrease

(C) Creating utility

(D) Become flexible

Q.8) According to modern thinking the law of diminshing returns applies to-

(A) Agriculture

(B) Industry

(C) Mining

(D) All fields of production

Q.9) Which is the most essential function of an enterpreneur?

(A) Supervision

(B) Management

(C) Marketing

(D) Risk bearing

Q.10) Knowledge, technical skill, education etc, in economics, are regarded as-

(A) Social-overhead capital

(B) Human capital

(C) Tangible physical capital

(D) Working capital

ਜੇਕਰ ਤੁਸੀ ਕਿਸੇ ਵੀ ਸਰਕਾਰੀ ਨੌਕਰੀ ਬਾਰੇ ਜਾਣਕਾਰੀ ਲੈਣਾ ਚਾਹੁੰਦੇ ਹੋ ਤਾ ਉੱਤੇ ਦਿੱਤੇ ਕੰਮੈਟ ਬਾਕਸ ਵਿੱਚ ਕੰਮੈਟ ਕਰ ਸਕਦੇ ਹੋ ਧੰਨਵਾਦ ਅਰਨ ਮਨੀ ਜੋਬਜ ਟੀਮ