Wages Rent Interest and Profit 01 Mcqs Preparation Online

1. The economist Ricardo argued that prices were _____ because land rents were _______

2. A firm maximizes profit if:

3. Who is unemployed:

4. Standard of living of workers depends upon their:

5. The minimum wage is an example of:

6. Under Marginal productivity Theory, reward for labour is determined by:

7. Sometimes the supply curve of labour ends:

8. Doctors get higher wages than clerks because:

9. Union leaders are in a better position to bargain for higher wages if demand for labour is:

10. In which form the largest percentage of national income is earned: