What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials?
Correct answer
C. Floor price
Explanation
The correct answer is Floor price.
MCQs
Read every question, see the correct answer, and understand the explanation at your own pace. Study mode has no timer and no negative marking.
Correct answer
C. Floor price
Explanation
The correct answer is Floor price.
Correct answer
D. all of the above
Explanation
The correct answer is all of the above.
Correct answer
C. Substitute threat is high
Explanation
The correct answer is Substitute threat is high.
Correct answer
B. All of the above
Explanation
The correct answer is All of the above.
Correct answer
B. increase
Explanation
The correct answer is increase.
Correct answer
A. multipolar system
Explanation
The correct answer is multipolar system.
Correct answer
B. The quantity demanded of labour equals the quantity supplied
Explanation
The correct answer is The quantity demanded of labour equals the quantity supplied.
Correct answer
C. participation in political decision making should be extended to economic decision making
Explanation
The correct answer is participation in political decision making should be extended to economic decision making.
Correct answer
A. sporadic dumping
Explanation
The correct answer is sporadic dumping.
Correct answer
B. Jhelum
Explanation
The correct answer is Jhelum.