If factor cost is greater than marker price, it means that

Related MCQs

• Net national product at factor cost is also known as:
• Consider the following statements: 1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?
• National Income differs from Net National Product at market price by the amount of:
• National Income differs from Net National Product at market price by the amount of:
• The opportunity cost of going to university is:
• An Indian farmer produces wheat without incurring cost of inputs all sells for Rs. 1,000 to a miller who grinds wheat into flour and sells for Rs 1,200 to baker. The baker sells bread to consumers for Rs. 1,600. Total added is Rs.
• An Indian farmer produces wheat without incurring cost of inputs alll sells for Rs. 1,000 to a miller who grinds wheat into flour and sells for Rs 1,200 to baker. The baker sells bread to consumers for Rs. 1,600. Total added is Rs.
• What is Cost-Push inflation?
• The practice by Governments in which a government spends more money than it receives as revenue is referred to as:
• Output means. ……………unless stated otherwise