| 1 |
All factors of production are substitutable with each other. it is held by: |
- A. Wicksteed
- B. Hicks
- C. Pareto
|
| 2 |
One of the following is fixed capital. |
- A. Raw material
- B. Defence saving certificate
- C. Machinery
- D. None f the three
|
| 3 |
How many merits of organization in text book |
|
| 4 |
A person who contributes funds in partnership but does not take active part in management of business is called |
- A. sleeping partner
- B. helping partner
- C. temporary partner
- D. inactive partner
|
| 5 |
One of the following is not land. |
- A. Sui gas
- B. Electric power
- C. Atlantic Ocean`
- D. A river
|
| 6 |
The proportion of rural population in Pakistan is: |
- A. 68%
- B. 70%
- C. 72%
- D. 74%
|
| 7 |
How many types of organization |
|
| 8 |
An entrepreneur is a person who performs the dual function of risk-taking and control. This is the definition of |
- A. Prof. Knight
- B. Prof. Marshall
- C. Prof. Robbins
- D. Prof. Knees
|
| 9 |
Social stagnation is a big obstacle to. |
- A. Mobility of labour
- B. Division OF labour
- C. Efficiency o labour
- D. All the above
|
| 10 |
A public limited company is run by |
- A. board of governors
- B. board of managers
- C. board of advisor's
- D. board of directors
|
