Questions

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

In a centrally planned economy, the ____________ plans all the important activities in the economy.

At the equilibrium price

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

Macro economics deals with

Which of the following is added to iron to make iron hard and strong?

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

The viability of the multinational corporate system (1)/ depends upon the degree in which (2)/ people will tolerate the unevenness it creates. (3)/ No error (4)

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. Ifa sentence is free from error, select 'No Error'.

A very first time I used the internet I was very intimidated, (1)/ and thought that anyone who could use (2)/ such an elaborate thing must be a genius. (3)/ No error (4)