Indian army has published the notification for SSC Tech 56 men and SSC Tech 27 women for the course commencing at OTA Chennai from April 2021
The four factors of production are
Land, labour, capital, organisation,
Land, electricity, water, labour
Labour, capital, land, rainfall,
Labour, climate, land, tools
Demand curve of a firm under perfect competition is :
Horizontal to ox-axis
Negatively sloped
Positively sloped
U – shaped
Diamonds are priced higher than water because ?
They are sold by selected firms with monopolistic powers.
Their marginal utility to buyers is higher than that of water.
Their total utility to buyers is higher than that of water
Consumers do not buy them at lower prices.
The standard of living in a country is represented by its:
Poverty ratio
Per capita income
National income
Unemployment rate
Which of the following is not included in the National Income?
Imputed rent of owner-occupied houses
Government expenditure on making new bridges
Winning a lottery
Commission paid to an agent for sale of house
