CA Foundation Economics Theory of Production and cost MCQ with answers
1. What is Production is Economics:(a) Creating/Addition of Utility(b) Production of food grains(c) Creation of services(d) Manufacturing of goodsAnswer:(a) Creating/Addition of Utility 2. Which of the following is considered as production in economics?(a) Helping a blind person in crossing the road(b) Group dance performance in a college annual function(c) Holding a child who is falling …
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