Author name: Administrator

1264. Which is NOT a cause of shift in cost curves of a firm?

Excise tax
Prices of inputs
Increase in productivity
Price of product
✅ The correct answer is D.
Price of product is not a cause of shift in cost curves of a firm. Cost curves shift in response to changes in two factors: If a technological change results in the firm using more capital, the average fixed cost curve shifts upward and at low levels of output, the average total cost curve may shift upward. At large output levels, average total cost decreases.

1265. International investing is________________.

is only practical for institutional investors
increases the overall risk of a stock portfolio
always leads to higher returns than a domestic portfolio
can reduce risk due to increased diversification
✅ The correct answer is C.
International investing is always leads to higher returns than a domestic portfolio. International investing is an investing strategy that involves selecting global investment instruments as part of an investment portfolio.

1267. Direct labour means ________.

labour which can be conveniently associated with aparticular cost unit
labour which completes the work manually
permanent labour in the production department
labour which is recruited directly and not through contractors
✅ The correct answer is A.
Direct labour means labour which can be conveniently associated with aparticular cost unit. Direct Labour cost consists of wages paid to workers directly engaged in manufacturing or handling a product, job or process.

1268. Which of the following material facts need not be disclosed?

Matters of law
Fact which proposer was not aware
Fact which could have been discovered by reasonable diligence
All of the above
✅ The correct answer is D.
Matters of law, Fact which proposer was not aware and Fact which could have been discovered by reasonable diligence material facts need not be disclosed.

1272. Demand for final consumption arises in

Household sector only
Government sector only
Both household and government sector
Neither household nor government sector
✅ The correct answer is C.
Demand for final consumption arises in both household and government sector. In the basic two- sector circular flow of income model, the economy consists of two sectors: (1) households and (2) firms.
Scroll to Top