Economics GK Questions and Answers Set 31

    Economics GK questions and answers Set 31 for competitive exams Quiz  UPSC, SSC CGL General Awareness, NEET, CTET. Economics General Knowledge Questions One Liner for Practice  science Talent Test and Class 10and 12th entrance Test so for

    1 .Third situation of low of variable proportion is
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    2 .The excess of the price, person is to pay rather than forego the consumption of the commodity is called.
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    3 .Production function marks relation between.
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    4 .Production function signifies.
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    5 .Production function shows relation between
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    6 .Group consumption means.
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    7 .Marginal Propensity to consume lies between.
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    8 .When the total product rises at an increasing rate, then the
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    9 .Economics of scale means reduction in
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    10 .The remuneration of the entrepreneur in production is
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    11 .Operating Surplus is produced in
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    12 .In Economics, Production means
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    13 .The marginal revenue of monopolist is
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    14 .The 'Break-even' point is where
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    15 .Example of Sales tax is-
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