Agriculture - Mock Test 94

Question 931

Persons who expect that price will go up in future are known as?

A) Bulls B) Bears C) Whole sellers D) Dalal

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Question 932

Persons who expects that prices will go down in future are?

A) Bulls B) Bears C) Retailers D) Whole sellers

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Question 933

When total utility increases, marginal utility is?

A) Zero B) Positive C) Negative D) None of the above

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Question 934

Per Qunital calculated cost is known as?

A) Cost of cultivation B) Cost of production C) Cost of farming D) None of the above

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Question 935

Per hectare calculated cost is known as?

A) Cost of cultivation B) Cost of production C) Cost of farming D) Total cost

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Question 936

Patents and copyrights are?

A) Material goods B) Non-material goods C) Transferable goods D) Scare goods

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Question 937

Who has contributed the modern theory of interest?

A) Knut Wicksell B) Gunnar Myrdal C) J.R. Hicks D) R.G.Hawtrey

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Question 938

Optimizing the use of farm resources on an individual farm level. It is a?

A) Farm management B) Production economics C) Agricultural marketing D) Macro economics

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Question 939

Opportunity cost is?

A) Cost of supplementary enterprise B) Cost of next best alternative foregone C) Cost of cultivation D) Cost of production

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Question 940

When variable cost is zero, the total cost will be?

A) Equal to variable cost B) Equal to fixed cost C) Equal to average variable cost D) None of the above

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