Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question

A. $$\frac{{\vartriangle {{\text{X}}_1}}}{{\vartriangle {{\text{X}}_2}}} = \frac{{{\text{P}}{{\text{X}}_2}}}{{{\text{P}}{{\text{X}}_1}}}$$

B. $$\frac{{\vartriangle {{\text{X}}_1}}}{{\vartriangle {{\text{X}}_2}}} > \frac{{{\text{P}}{{\text{X}}_2}}}{{{\text{P}}{{\text{X}}_1}}}$$

C. $$\frac{{\vartriangle {{\text{X}}_1}}}{{\vartriangle {{\text{X}}_2}}} < \frac{{{\text{P}}{{\text{X}}_2}}}{{{\text{P}}{{\text{X}}_1}}}$$

D. $$\frac{{\vartriangle {{\text{X}}_1}}}{{\vartriangle {{\text{X}}_2}}} = \frac{{{\text{P}}{{\text{X}}_1}}}{{{\text{P}}{{\text{X}}_2}}}$$

A. Only two sellers of a commodity

B. Only one seller of a commodity

C. Only one buyer of a commodity

D. None of the above

A. Vertical straight line

B. Horizontal straight line

C. Slopping curve from left to right

D. Slopping curve from right to left

A. Annual revaluation and reducing fraction

B. Diminishing balance and straight line

C. Straight line and annual revaluation

D. Diminishing balance and reducing fraction

A. The resources are unlimited

B. The price of resources is high

C. The prices of resources vary

D. The resources are limited

A. Its price is low in relation to income

B. It has several substitutes

C. Its consumption develops into a habit

D. It is properly priced

A. RBI

B. Government Banks

C. Nationalised Banks

D. All of these

A. 1980

B. 1982

C. 1981

D. 1985

A. Total production - minus - Total family requirement

B. Total consumption - minus - Marginal consumption

C. Total cost - minus - Marginal cost

D. Total production - minus - Total cost

A. Supplementary

B. Competitive

C. Joint product

D. Complementary