A. Total revenue
B. Nominal profit
C. Both
D. None
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Related Mcqs:
- The sale of products below sale of production in a foreign country or below the prices charged at home is called ?
- A. Dumping B. Subsidy C. Inflation D. Monopoly...
- The value of a product sold by a firm less the value of the products purchased and used by the firm to produce the product____________________?
- A. Value added B. Value of money C. Vertical range D. None...
- The monetary payment a firm must make to an outsider to obtain a resource____________________?
- A. Implicit cost B. Explicit cost C. Net cost D. Total cost...
- An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?
- A. Tariff B. Tax C. Tacit collusion D. Subsidy...
- The total amount by the federal govt. of the owner of the govt. securities is called___________________?
- A. Public debt B. Public finance C. Public good D. None...
- Total money income received by the individual or recipients of income is called____________________?
- A. Gross income B. Net income C. Personal income D. None of above...
- Reproduction in the average total cost of producing a products as the firm expands the size of plants (its output) in the long run________________?
- A. Economics of scale B. Economics of mass production C. Both of these D. None of these...
- Major financial institution responsible for issuing currency, managing foreign reserves implementing monetary policy and providing banking service to the govt. and commercial banks ?
- A. Central Bank B. State Bank C. Both D. None...
- An increase either in real output (GDP) or in real output per capita is called___________________?
- A. Economic development B. Economic growth C. Growth rate D. Economic efficiency...
- To charge different prices for the goods of the same standard is called___________________?
- A. Prices discrimination B. Prices differentiation C. Oligopoly D. Prices elasticity...
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