Category: Business Management Mcqs

A.A straight line
B.A number enclosed in a circle or a square
C.A straight line with circles at the ends
D.A dotted line
E.An arrow

A.Will induce new firms to begin production
B.Will induce existing firms to produce close substitutes
C.Will induce both new and existing firms to bid resources away from other uses
D.Will increase the value and hence the cost of resources used in producing that good
E.All of the above

A.Skin irritants
B.Noise
C.Contamination
D.Radiation

A.Material is transferred from one machine to another without having to move again along the same path
B.The flow is repeated for completing non-consecutive operations
C.Materials fed at one end and components leave at the other end
D.The feeding to and ejection from the line is at the same end
E.The flow of material is in zig-zag path

A.The government produces public goods, while private goods are produced by private persons
B.Public goods are preferred to private goods
C.The amount consumed by one does not affect the amount available for others
D.Private goods can be consumed only by private individuals while public goods can be consumed by government and private citizens
E.All of the above

A.Strw in a barn
B.Straw in a hat factory
C.A straw in a hat shop
D.A straw hat in your room
E.None of the above

A.Efficient management
B.Specialised labour force
C.Advertising
D.Use of machinery
E.Improved labour relations

A.customs duty
B.Excise duty
C.Estate duty
D.Wealth tax

A.Office building
B.Goodwill of a firm
C.Services of a consultant
D.Water in sea

A.Sail
B.FCI
C.HAL
D.NTPC