NAT II Management Science Economy With Answers

NAT II Management Science Economy

Sr. # Questions Answers Choice
1 During a year aggregate value of produced goods and services of a country is called: Per-capita income Net national income Personal income Gross national product
2 Marginal cost curve always intersects average cost curve at: The maximum point The central point The minimum point The vertical point
3 The quality of a commodity which satisfies the human wants: Usefulness Loss Utility Return
4 The supply of perishable goods is: Fixed Variable Minor change Zero
5 The shape of AR and MR under perfect competition is: Vertical U-shape Horizontal to ox-axis None of these
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