Economics - Study Mode

[#981] Match the following. List-I List-II a. Contraction of demand 1. Non-price change effect b. Decrease in demand 2. Demand curve remains the same c. Increase in demand 3. Price change effect d. Expansion of demand 4. Shifts the demand curve
Correct Answer

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

[#982] Economic Rent
Correct Answer

(A) An excess not a cost

[#983] What should be the management? It is related to
Correct Answer

(B) Normative science

[#984] A theory is-
Correct Answer

(D) a validated hypothesis

[#985] Which of the following is termed as the remuneration for the organization?
Correct Answer

(D) Profit