Goods produced for use in future productive process are called:

Related MCQs

• Goods without which people can not live are called:
• For complementary goods, the cross elasticity of demand:
• In the case of luxury goods, the income elasticity of demand will be:
• When an individual’s income rises, when everything else remains the same, his demand for normal goods:
• When an individual’s income falls, when everything else remains the same, his demand for inferior goods:
• Consumption of capital good in the process of production is called as:
• Wear and tear of capital due to constant use means:
• The functional relationship between inputs and outputs is called
• Net addition to total cost is called:
• When there are only few sellers of the commodity, the market is called: