Demand and Supply MCQs

Production is a function of

September 27, 2022

0 Views

Production is a function of

Q. Production is a function of:

A. Profits

B. Costs

C. Inputs

D. Price

Answer: Profits

Production is a function of

Previous

The Revealed Preference Theory deduces the inverse price-quantity relationship from

Production is a function of

Next

An ISO-product curve slopes

Tags: Demand and Supply MCQs

Related Articles

The term 'normal profit' as used in the analysis of equilibrium of the firm under perfect competition, refers to

The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to

According to Joseph Schumpeter, profit is the reward for

According to Joseph Schumpeter, profit is the reward for

Who argued that pure profit can arise only in a dynamic economy?

Who argued that pure profit can arise only in a dynamic economy?

The classical theory explained interest as a reward for

The classical theory explained interest as a reward for

We will be happy to hear your thoughts

Leave a reply Cancel reply

You must be logged in to post a comment.