Which one of the following are produced by large scale industries?
Dams
shoes
flowers
baskets
Price paid services are called .
free services
economic services
consumption
production
Assertion :-The earnings in a market economy are distributed to the owners of the economy's factors of production in the form of wages,profits,rent and interest.
Reasons :- Total incomes received by four factors of production in an economic system during a given period of time called National Income Income at factor cost.
Assertion is True , Reason is False.
Assertion is False ,Reason is True.
Both Assertion and Reason are True.
Both Assertion and Reason are False
Production of any good needs a set of factors of production materials or services that helps in production are called
factors of production
Distribution
land
capital
Which one of the following goods are manufactured by small scale industries?
textiles
fruits
oilseeds
Which one of the following is the price paid to labour?
wages
rent
profits
interest
Price paid to land in the form of
labour
profit
Remuneration given for the use of capital is called
Total Incomes received by four factors of production in an economic system during a given period of time is called
National Income
Per Capita Income
National Income at factor cost
Net National Product
Capital is the producer means of
distribution
capital formation
