Agricultural Economics - Study Mode

[#276] MC = MR = AC = AR shows the long run, equilibrium positive of the
Correct Answer

(C) Competitive firm

[#277] In classical production function, rational zone is always
Correct Answer

(A) Second zone

[#278] If substitution ratio is equal to price ratio, then cost will be
Correct Answer

(D) Minimum

[#279] The banks do not provide loan for which of the following in dairying?
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(A) Purchase of land for dairy business

[#280] If change in price is 1% and change in demand is also 1%, then demand will be called
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(D) Inelastic