Explore topic-wise MCQs in Business Economics.

This section includes 2 Mcqs, each offering curated multiple-choice questions to sharpen your Business Economics knowledge and support exam preparation. Choose a topic below to get started.

1.

Match the following theories of profit with their propounders Theory Propounder(a) Profit as Rent of Ability(i) F.B. Hawley(b) Dynamic Theory of Profit(ii) Joseph A Schumpeter(c) Risk Theory of Profit(iii) J.B. Clarkd) Innovation Theory of Profit (iv) F.A. WalkarChoose the correct option from those given below

A. (a) - (iv), (b) - (ii), (c) - (iii), (d) - (i)
B. (a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)
C. (a) - (iv), (b) - (iii), (c) - (i), (d) - (ii)
D. (a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)
Answer» D. (a) - (iii), (b) - (i), (c) - (ii), (d) - (iv)
2.

Match List-I with List-II:List-I(Theories of Profit)List-II(Economists)a)Risk theory of profiti)Schumpeterb)Innovation theory of profitii)Walkerc)Rent theory of profitiii)Hawleyd)Dynamic theory of profitiv)Clark Choose the correct option from those given below:

A. a-iii, b-iv, c-ii, d-i
B. a-iv, b-ii, c-iii, d-i
C. a-iii, b-i, c-ii, d-iv
D. a-iv, b-i, c-ii, d-iii
Answer» D. a-iv, b-i, c-ii, d-iii