Wages Rent Interest and Profit 03 Mcqs Preparation Online

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Test Instructions

Wages Rent Interest and Profit 03 Mcqs Preparation Online

1. Profits arise because an entrepreneur:
A.
B.
C.
D.

2. Professor Knight is famous for his theory of:
A.
B.
C.
D.

3. In economics capital refers to:
A.
B.
C.
D.

4. Profits:
A.
B.
C.
D.

5. Profits:
A.
B.
C.
D.

6. Profits:
A.
B.
C.
D.

7. Profits:
A.
B.
C.
D.

8. Gross profit does NOT include:
A.
B.
C.
D.

9. If rate of interest is 10% the PV (present value) of Rs. 100 received in 1 years time is:
A.
B.
C.
D.

10. Some economists say that profit earner is a kind of:
A.
B.
C.
D.


 

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