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Economics
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Question-1
Modern economist use the concept of ___________ rather than simple rent.
(A)
Marginal rent
(B)
factor payment
(C)
Economic rent
(D)
none of these
Question-2
Find out the classical economists among the following
(A)
Ricardo,
(B)
Malthus
(C)
Adum smith
(D)
All of these
Question-3
____ is the whole payment made to the lender for lending the money capital.
(A)
Temporary interest
(B)
gross interest
(C)
pure interest
(D)
net interest
Question-4
The gross payment made for the services of land and other services of a land is known as ____________.
(A)
Smith's rent
(B)
Richardian rent
(C)
Contractual rent
(D)
none of these
Question-5
Economic rent can be acquire to any factor of production when _________.
(A)
Supply of unitary elastic
(B)
Supply is elastic
(C)
supply is less elastic
(D)
none of these
Question-6
Land rent according to Richardo is different from contractual rent in terms of _______.
(A)
Location
(B)
fertility
(C)
1 and 2
(D)
use of natural resources only
Question-7
Modern theory of rent was developed by __________.
(A)
Ricardo
(B)
Robinson
(C)
Marshall
(D)
Edge worth
Question-8
who is not a classical economist among the following ?
(A)
Ricardo
(B)
Malthus
(C)
Paul Krgman
(D)
All of these
Question-9
________ is a factor of production earns in the present employment.
(A)
Transfer economy
(B)
Transfer earning
(C)
actual earnings
(D)
none of these
Question-10
Quasi-rent applicable to only __________.
(A)
Short-run
(B)
long -run
(C)
medium - run
(D)
none of these
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