Question Set

1. Marginal Productivity theory of distribution states that the price of a factor of production depends upon its?





Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Show Similar Question And Answers
QA->Ram bought a Bag at 20% discount on its original price. He sold it with 40% increase on the price he bought it. The new price is by what percent more than the original price....
QA->Suresh purchased a tape recorder at of its selling price and sold it for 8% more than its selling price. What is the percentage of profit?....
QA->Which is the term used for describing the manifold increase in India's farm production and productivity?....
QA->The velocity of sound in any gas depends upon its?....
QA->Pitch of a sound depends upon its?....
MCQ->Marginal Productivity theory of distribution states that the price of a factor of production depends upon its?....
MCQ->Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives. Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Selling a commodity at a price that is not more than that charged by competitors is....
MCQ->Who introduced the Marginal productivity theory of distribution?....
MCQ->Consider the following statements associated with the laws of weights in the theory of erros : 1. If an equation is multiplied by its own weight, then the weight of the resulting equation is equal to the reciprocal of the weight of the equation. 2. The weight of the algebraic sum of two or more quantities is equal to the reciprocal of the sum of the individual weights. 3. If the quantity of a given weight is multiplied by a factor, then the weight of the result is obtained by dividing its given weight by the square root of that factor. 4. If the quantity of a given weight is divided by a factor, then the weight of the result is obtained by multiplying its given weight by the square of that factor. Of these statements :....
MCQ->Which price in the market is determined by the equality between marginal cost and marginal revenue ?....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution