Agricultural Economics - Study Mode
[#336] The cost which is not paid to other, is called
Correct Answer
(B) Implicit cost
[#337] Ricardo's trade theory assumed, production is subject to
Correct Answer
(C) Constant returns
[#338] Which of the following cost is subtracted from gross income (GI) to get the value of net income
Correct Answer
(D) None of these
[#339] When the demand curve is relatively flatter, then demand is
Correct Answer
(B) Relatively elastic
[#340] Level of optimum production is available at
Correct Answer
(B) 2 nd stage of production