The price of diamonds is higher than the price of wheat because

Business Management Mcqs
BILAL KHATTAK0

A.Diamonds are much heavier than wheat
B.Diamonds are more useful than wheat
C.The total stock of diamonds is more useful than the total stock of wheat
D.Diamonds cannot be grown whereas wheat can be grown
E.Enough people have a higher subjective value of diamonds relative to wheat

Related Mcqs:

  1. If more is demanded at the same price or same quantity at a higher price, this fact of demand is known as
  2. If the price index is 200, it means that the price level is
  3. Sundry debtors as per Trial Balance is 43,000 which includes 2,200 due from ‗H in respect of goods sent to him on approval basis, the cost price of which is 1,800. Rectification would involve:?
  4. When the higher temperature is fixed, the COP of a refrigerating machine can be improved by
  5. The employer said to the workman, “I cannot pay you higher wages.”
  6. Higher turgor pressure in a plant cell is maintained by________________??
  7. The price which covers the variable cost as well as the fixed price is
  8. At higher pH, the availability of molybdenum is _____ in soils:
  9. The Gulf Coast states are more humid in summer than the coastal areas of Southern California mainly because of the __________.
  10. The efficiency of jet engine is higher at

Leave a Reply

Your email address will not be published. Required fields are marked *