Question # 1

Average revenue is equal to:

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Price

Marginal revenue

Total revenue

Average cost

Macro Economics was introduced by:

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Alfred Marshall

J.M.Keynes

N.W Senior

J.B.Clark

Who wrote The Nature and Significance of Economics"

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Adam simth

Marshall

Robbins

Keynes

In monopoly the number of firms is:

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One

Three

Two

Unlimited

How many methods can be used for cultivation

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One

Two

Three

Four

Phases of trade cycle are:

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One

Three

Two

Four

National income does not include:

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Profit

Wages

Interest

Transfer payments

Who is the writer of Wealth of Nation?

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Marshall

Adam Smith

Robbins

Keynes

The methods of measuring elasticity of supply are:

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Three

Two

Four

Five

Ushr implies on:

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Agricultural product

Industrial product

Agricultural & industrial product

None of these

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