Economics - Practice Test | ExamPrepSheets

(A) Undistributed profit

(B) Fine/tax

(C) Consumption of fixed capital

(D) Interest

(D) Interest

(A) Voting of the customers

(B) Central planning authority

(C) Based on the preference of the customers

(D) On the basis of profit of the firm

(C) Based on the preference of the customers

(A) Adam Smith

(B) Robinson

(C) Marshall

(D) George Bernard

(A) Adam Smith

(A) Rent + Wages + Interest + Profit

(B) Market value of the goods

(C) Consumption + Savings

(D) None of the above

(A) Rent + Wages + Interest + Profit

(A) In the short run by all the means of production

(B) In the long run by all the means of production

(C) In the long run by the fixed means of production

(D) In the short run by the fixed means of production

(D) In the short run by the fixed means of production

Economics - Study Mode