MCQOPTIONS
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| 1. |
Capital output ratio of a commodity measures - |
| A. | its per unit cost of production |
| B. | the amount of capital invested per unit of output |
| C. | the ratio of capital depreciation to quantity of output |
| D. | the ratio of working capital employed to quantity of output |
| Answer» C. the ratio of capital depreciation to quantity of output | |