MCQOPTIONS
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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 | |