A major effect of a long distribution chain is
High retail prices
Scarcity of commodities
Low retail prices
Low producer earnings
Correct answer is B
No explanation has been provided for this answer.
Firms continue to employ workers until the wage rate equals the
Average product of labour
Marginal revenue product of labour
Total product of labour
Sum of marginal revenue and average revenue of labour
Correct answer is B
No explanation has been provided for this answer.
The age distribution of a country's population determines the
Ratio of the dependent to the working group
Total age of all working class adults
Male-female ratio
Percentage of married women
Correct answer is A
No explanation has been provided for this answer.
A well conducted census is important for
Effective defence
Effective revenue generation
Good economic planning
Optimum population
Correct answer is C
No explanation has been provided for this answer.
Greater than price
Less than price
Equal to price
Equal to average cost
Correct answer is B
No explanation has been provided for this answer.