Agricultural Economics MCQ Question and Answer | Agriculture MCQ Question

A. 1969

B. 1968

C. 1967

D. 1975

A. $$\frac{{\vartriangle qd}}{{\vartriangle P}} \cdot \frac{P}{{qd}}$$   - Price elasticity of demand

B. $$\frac{{\vartriangle qx}}{{\vartriangle Py}} \cdot \frac{{Py}}{{qx}}$$   - Cross elasticity of demand

C. $$\frac{{\vartriangle qs}}{{\vartriangle P}} \cdot \frac{P}{{qs}}$$   - Elasticity of supply

D. All of these

A. Structural unemployment

B. Seasonal unemployment

C. Frictional unemployment

D. Cyclical unemployment

A. Principle of least cost

B. Principle of variable proportions

C. Principle of opportunity cost

D. Principle of cost

A. Cost A₁

B. Cost A₂

C. Cost B

D. Cost C

A. MP = AP

B. MP > AP

C. MP < AP

D. None of these

A. Monopoly

B. Oligopoly

C. Monopolistic competition

D. Perfect competition

A. Fixed cost

B. Variable cost

C. Marginal cost

D. Implicit cost

A. Full budgeting is a must

B. Partial budgeting is required

C. No budgeting is required

D. Only planning is needed

A. 52.36%

B. 57.36%

C. 65.38%

D. 61.33%