Agricultural Economics - Study Mode

[#366] Shadow prices of resources are used in
Correct Answer

(A) Economic analysis

[#367] The Chairman of Planning Commission is
Correct Answer

(C) Prime Minister

[#368] Match the following columns Column I Column II a. Fixed cost 1. Overhead cost b. Variable cost 2. Fixed cost c. Opportunity cost 3. Prime cost d. Sunk cost 4. Alternate cost
Correct Answer

(A) a-1, b-3, c-4, d-2

[#369] Absence of interaction between resources and activities in the process of production is called
Correct Answer

(A) Linearity

[#370] A constant capital-labour ratio in neutral technical change is given by
Correct Answer

(A) Hicks