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
A.established by a industry to meet its own requirements
B.an emergency power plant for peak load
C.a power plant operated in case of emergency only
D.one which directly drives the machine without producing electrical energy
A.The average value of the distribution
B.The spread of the distribution
C.The value of the variate with the largest frequency
D.The difference between the extreme values in the distribution
E.None of the above
A.Fixed cost
B.Variable costs
C.Total costs line
D.Total sales line
E.Not shown in break even chart
A.spent on luxuries
B.not spent on consumption
C.retained by the employer
D.none of the above
