A. Marx
B. Ricardo
C. Adam Smith
D. None of the above
Related Mcqs:
- Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?
XA. wages and rents should fall in Country A
B. wages and rents should rise in Country A
C. wages should rise and rents should fall in Country A
D. wages should fall and rents should raise in Country A - A undertakes to collect rents for B, B sues A for not collecting rent due from C to B. A denies that rent was due from C to B, a statement by C that he owed B rent is an______________?
A. Acceptance
B. Admission
C. Confession
D. None of these - Suppose the equilibrium price for apartments is Rs500 per month and the government imposes rent controls of Rs250 Which of the following is unlikely to to occur as a result of the rent controls?
A. There may be long lines of buyers waiting for apartments
B. Landlords may discriminate among apartment renters
C. Landlords may be offered bribes to rent apartments
D. there will be a storage of housing
E. the quality of apartments will improve - Two persons A and B take a field on rent. A puts on it 21 horses for 3 months and 15 cows for 2 months; B puts 15 cows for 6months and 40 sheep for 7 1/2 months. If one day, 3 horses eat as much as 5 cows and 6 cows as much as 10 sheep, what part of the rent should A pay?
A. 1/3 rd
B. 2/5 th
C. 2/3 rd
D. 1/5 th
Read More Details about this Mcq - Four car rental agencies A, B, C and D rented a plot for parking their cars during the night. A parked 15 cars for 12 days, B parked 12 cars for 20 days, C parked 18 cars for 18 days and D parked 16 cars for 15 days. If A paid Rs. 1125 as rent for parking his cars, what is the total rent paid by all the four agencies?
A. Rs. 4500
B. Rs. 4800
C. Rs. 5250
D. Rs. 6150
E. None of these
Read More Details about this Mcq - The cost operations such as wages, salaries, depreciation, utilities and rent are summed together to calculate __________?
A. throughput costs
B. investments
C. operating costs
D. marginal costs - A contractor employs 20 male, 15 female and 5 children in his factory. Male wages are Rs. 10 per day, female Rs. 8 per day, and children Rs. 3 per day. The weighted x of wages paid per day will be_____________?
A. 3.86
B. 8.37
C. 9.21
D. 10.63 - If daily wages of a man is double to that of a woman, how many men should work for 25 days to earn Rs.14400? Given that wages for 40 women for 30 days are Rs.21600.
A. 15
B. 14
C. 16
D. 13 - Which one of the following classical thinkers based the development theory on the prinicple of population?
A. Malthus
B. Adam Smith
C. J.S Mill
D. All the above - Malthus built his theory of development round:
A. Land
B. Rent
C. Value
D. Capital
E. Population
Mcq Added by: Lubaba Zarshal