If factor cost is greater than Market price, then it means that:

Related MCQs

• Which of the following constitute the reason for difference between Market prices and factor cost?
• if facor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?
• If economic subsidies are added to and Indirect taxes are substracted from the national income at market prices, then it will be equal to :
• Domestic factor income is another name for:
• Net Factor Income from Abroad is taken into account when National Income is calculated by:
• Real flow refers to the flow of factor services from ------ to -----
• Net Factor Income from Abroad is:
• NDP at FC is less than National Income when:
• National product at current prices is higher than national product at constant prices during a period of :
• GDP MP = Rs.1000 and subsidies = Rs.50, then GDP FC will be :