If the price index is 200, it means that the price level is

Business Management Mcqs
BILAL KHATTAK0

A.200 percent higher than in the base year
B.150 percent higher than in the base year
C.100 percent higher than in the base year
D.50 percent higher than in the base year

Related Mcqs:

  1. The price of diamonds is higher than the price of wheat because
  2. If the price level rises with a marked change in real output this is known as
  3. Sellers reserve price means
  4. A company is currently operating at 80% capacity level. The production under normal capacity level is 1,50,000 units. The variable cost per unit is ` 14 and the total fixed costs are ` 8,00,000. If the company wants to earn a profit of ` 4,00,000, then the price of the product per unit should be?
  5. In determining the level of materiality for an audit, what should not be considered??
  6. If more is demanded at the same price or same quantity at a higher price, this fact of demand is known as
  7. The price which covers the variable cost as well as the fixed price is
  8. At molecular level mutation represents a change in:
  9. Profitability index (PI) rule is to take an investment, if the index exceeds___________??
  10. At the molecular level point mutations are due to:

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