An employment situation where the marginal productivity of agriculture labour is zero is known as?

An employment situation where the marginal productivity of
agriculture labour is zero is known as?
by

1 Answer

Answer :

Disguised
unemployment
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Disguised unemployment means: A. Unemployment in agriculture B. Unemployment due to recession C. Unemployment due to downturn in business activity D. Marginal Productivity of Labor (MPL) is zero.

Description : Disguised unemployment means: A. Unemployment in agriculture B. Unemployment due to recession C. Unemployment due to downturn in business activity D. Marginal Productivity of Labor (MPL) is zero.

Last Answer : C. Unemployment due to downturn in business activity

Disguised unemployment means (a) Unemployment in agriculture ; (b) Unemployment due to recession ;(c) Unemployment due to downturn in business activity ; (d) Marginal Productivity of Labor (MPL) is zero.

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Disguised unemployment refers to the situation when (a) Marginal Productivity of the surplus workers is zero (b) Marginal productivity of the surplus workers is less than average productivity (c) Marginal productivity of the surplus workers is falling sharply (d) Marginal productivity of the surplus workers is falling sharply

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1. Disguisedly unemployed labour has ___________ marginal productivity.

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Last Answer : (3) Marginal productivity of labour Explanation: The term 'supply of labour' refers to the number of hours of a given type of labour which will be offered for hire at different wage rates. Usually ... relationship that exists between the wage rate i.e. the price of labour and labour hours supplied.

Which of the following does not determine supply of labour ? (1) Size and age-structure of population (2) Nature of work (3) Marginal productivity of labour (4) Work-leisure ratio

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An employer goes on employing more and more of a factor units until : (1) the Average Revenue Productivity becomes equal to Marginal Revenue Productivity. (2) the Marginal Revenue Productivity becomes zero. (3) the Diminishing Marginal Returns sets into operation. (4) the Marginal Revenue Productivity of a factor becomes equal to its reward.

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Last Answer : (4) the Marginal Revenue Productivity of a factor becomes equal to its reward. Explanation: 'According to the Marginal Productivity Theory, the reward or the price of a factor unit depends upon its ... marginal cost of the factor is greater than MRP, it will reduce employment to reduce its loss.

An employer goes on employing more and more of a factor units until : (1) the Average Revenue Productivity becomes equal to Marginal Revenue Productivity. (2) the Marginal Revenue Productivity becomes zero. (3) the Diminishing Marginal Returns sets into operation. (4) the Marginal Revenue Productivity of a factor becomes equal to its reward.

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Last Answer : the Marginal Revenue Productivity of a factor becomes equal to its reward.

As the number of investments made by a firm increases, its internal rate of return - (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will fall, ceteris paribus. (3) increases to compensate the firm for the current consumption foregone. (4) increases because the level of savings will fall.

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Last Answer : (3) increases to compensate the firm for the current consumption foregone. Explanation: Internal rates of return are commonly used to evaluate the desirability of investments or projects. The higher a ... of return is greater than an established minimum acceptable rate of return or cost of capital.

As the number of investments made by a firm increases, its internal rate of return (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will fall, ceteris paribus. (3) increases to compensate the firm for the current consumption foregone. (4) increases because the level of savings will fall.

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Last Answer :  increases to compensate the firm for the current consumption foregone.

Which of the following occurs when labour productivity rises? (1) The equilibrium nominal wage falls. (2) The equilibrium quantity of labour falls. (3) Competitive firms will be induced to use more capital (4) The labour demand curve shifts to the right

Description : Which of the following occurs when labour productivity rises? (1) The equilibrium nominal wage falls. (2) The equilibrium quantity of labour falls. (3) Competitive firms will be induced to use more capital (4) The labour demand curve shifts to the right

Last Answer : (4) The labour demand curve shifts to the right Explanation: As labour productivity increases, the production function shifts up and simultaneously the labor demand curve shifts out and right. At ... , the production function shifts up and simultaneously the labor demand curve shifts out and right.

3-The main objective(s) of Industrial robot is to (A) To minimise the labour requirement (B) To increase productivity (C) To enhance the life of production machines (D) All of the above

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Define productivity index. State it with respect to labour, material and machine.

Description : Define productivity index. State it with respect to labour, material and machine.

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Which of the following occurs when labour productivity rises ? (1) The equilibrium nominal wage falls. (2) The equilibrium quantity of labour falls. (3) Competitive firms will be induced to use more capital (4) The labour demand curve shifts to the right

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Last Answer : The labour demand curve shifts to the right

7. Which of the following statements is/are true? a. Business Investment Spending occurs when individuals buy stock in the stock market b. Productivity is the United States grew very slowly between 1973 and 1996 c. Because of discouraged workers, the official unemployment rate is too high d. “Full employment” occurs when there is no frictional unemployment

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Last Answer : b. Productivity is the United States grew very slowly between 1973 and 1996

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Marginal cost is computed as A. Prime cost + All Variable overheads B. Direct material + Direct labour + Direct Expenses + All variable overheads C. Total costs – All fixed overheads D. All of the above

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Exploitation of labour is said to exist when (1) Wage = Marginal Revenue Product (2) Wage < Marginal Revenue Product (3) Wage > Marginal Revenue Product (4) Marginal Revenue Product = 0

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Which of the following is not a cause of low productivity in In-dian agriculture? (1) Co-operative farming (2) Inadequate inputs availability (3) Sub-division and fragmentation of land holdings (4) Poor finance and marketing facilities.

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Need of farm mechanization is to... a) for timely operations of agriculture activities b) to increase the production and productivity of food grains. c) efficient utilisation of inputs, water and other natural resources. d) all of the above

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Why is agriculture the most labour absorbing sector in India ? -SST 10th

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Population In which sector the largest labour force is attached in Pakistan? A. Industry B. Trade C. Agriculture D. Mines

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Last Answer : ANSWER: C

Agriculture absorbes ______ percent of the Pakistan's total labour force. A. 42.3 B. 42.5 C. 43 D. 45.7

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Indian agriculture is typically characterised as - (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy

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Indian agriculture is typically characterised as (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy

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Last Answer :  land scarce, labour surplus economy

The ‘Management Science Approach…. A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct

Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct

Last Answer : Involves the use of quantitative techniques to improve management decision making.

Hawthorne studies A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct.

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Last Answer : Studied the relationship of lighting levels to worker productivity.

The ‘Management Science Approach…. A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. Involves the use of quantitative techniques to improve management decision making. D. None of these options is correct.

Description : The Management Science Approach . A. Recognizes that the appropriate management actions depend on the situation B. Studied the relationship of lighting levels to worker productivity. C. ... quantitative techniques to improve management decision making. D. None of these options is correct.

Last Answer : Involves the use of quantitative techniques to improve management decision making

In the mid of 2012 the share of agriculture in employment is. A. 43% B. 44% C. 45% D. 46%

Description : In the mid of 2012 the share of agriculture in employment is. A. 43% B. 44% C. 45% D. 46%

Last Answer : ANSWER: C

HDI is an aggregate measure of progress in which of the three dimensions? (1) Health, Education, Income (2) Food Security, Employment, Income (3) Agriculture, Industry, Services (4) Height, Weight, Colour

Description : HDI is an aggregate measure of progress in which of the three dimensions? (1) Health, Education, Income (2) Food Security, Employment, Income (3) Agriculture, Industry, Services (4) Height, Weight, Colour

Last Answer : (1) Health, Education, Income Explanation: The Human Development Index (HDI) is an aggregate measure of progress in three dimensions-health, education and income which are used to rank ... FIDI was developed by the Pakistani economist Mahboob ul Haq working alongside Indian economist Amartya Sen.

HDI is an aggregate measure of progress in which of the three dimensions? (1) Health, Education, Income (2) Food Security, Employment, Income (3) Agriculture, Industry, Services (4) Height, Weight, Colour

Description : HDI is an aggregate measure of progress in which of the three dimensions? (1) Health, Education, Income (2) Food Security, Employment, Income (3) Agriculture, Industry, Services (4) Height, Weight, Colour

Last Answer : Health, Education, Income

When preparing a class III cavity for composite restoration; in which situation should acid itching be used: A. Always should be performed to minimise marginal leakage B. Should not be performed because it might damage the adjacent tooth C. When extra retention is required D. Only in situations where cavity is shallow to avoid pulp irritation

Description : When preparing a class III cavity for composite restoration; in which situation should acid itching be used: A. Always should be performed to minimise marginal leakage B. Should not be ... extra retention is required D. Only in situations where cavity is shallow to avoid pulp irritation

Last Answer : A. Always should be performed to minimise marginal leakage

When the total product rises at an increasing rate, the - (1) marginal product is zero (2) marginal product is rising (3) marginal product is falling (4) marginal product remains constant

Description : When the total product rises at an increasing rate, the - (1) marginal product is zero (2) marginal product is rising (3) marginal product is falling (4) marginal product remains constant

Last Answer : (2) marginal product is rising Explanation: Marginal product of an input (factor of production) is the extra output that can be produced by using one more unit of the input (for instance ... from total product. The other is average product. Marginal product is directly proportional to total product.

When marginal utility is zero, the total utility is - (1) Minimum (2) Increasing (3) Maximum (4) Decreasing

Description : When marginal utility is zero, the total utility is - (1) Minimum (2) Increasing (3) Maximum (4) Decreasing

Last Answer : (3) Maximum Explanation: Marginal utility measures the extra utility (or satisfaction) from consuming an additional unit of a product. Total utility is the total satisfaction from the consumption of the ... in total satisfaction from the consumption of that unit. So the total unit is at maximum.

If total utility is maximum at a point, then marginal utility is - (1) positive (2) zero (3) negative (4) positive but decreasing

Description : If total utility is maximum at a point, then marginal utility is - (1) positive (2) zero (3) negative (4) positive but decreasing

Last Answer : (2) zero Explanation: Marginal utility of a good or service is the gain (or loss) from an increase (or decrease) in the consumption of that good or service. As the rate ... increase in consumption of units of commodities causes marginal utility to become negative; this signifies dissatisfaction.

When total product remains constant the marginal product will be a. Zero b. Negative c. Positive d. Constant

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Last Answer : a. Zero

firm's marginal revenue A.is always negative B.can be positive C.is always positive D.is zero at point at which the total revenue is maximum

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Last Answer : D.is zero at point at which the total revenue is maximum

At elasticity of one, marginal revenue is equal to A.one B.zero C.infinity D.none

Description : At elasticity of one, marginal revenue is equal to A.one B.zero C.infinity D.none

Last Answer : B.zero

Marginal cost of allowing another person to benefit from a pure public goods is (a) Zero (b) one (c) both (a) and d) more than one

Description : Marginal cost of allowing another person to benefit from a pure public goods is (a) Zero (b) one (c) both (a) and (b) d) more than one

Last Answer : a) Zero

Total utility is maximum, when (a) marginal utility is maximum (b) marginal utility is zero © marginal utility increases (d) average utility is maximum

Description : Total utility is maximum, when (a) marginal utility is maximum (b) marginal utility is zero © marginal utility increases (d) average utility is maximum

Last Answer : (b) marginal utility is zero

If total utility is maximum at a point, then marginal utility is (1) positive (2) zero (3) negative (4) positive but decreasing

Description : If total utility is maximum at a point, then marginal utility is (1) positive (2) zero (3) negative (4) positive but decreasing

Last Answer : zero

When the total product rises at an increasing rate, the (1) marginal product is zero (2) marginal product is rising (3) marginal product is falling (4) marginal product remains constant

Description : When the total product rises at an increasing rate, the (1) marginal product is zero (2) marginal product is rising (3) marginal product is falling (4) marginal product remains constant

Last Answer : marginal product is rising

When marginal utility is zero, the total utility is (1) Minimum (2) Increasing (3) Maximum (4) Decreasing

Description : When marginal utility is zero, the total utility is (1) Minimum (2) Increasing (3) Maximum (4) Decreasing

Last Answer : Maximum

If the US employment situation worsens, will it spur citizens to take jobs that undocumented workers are doing?

Description : If the US employment situation worsens, will it spur citizens to take jobs that undocumented workers are doing?

Last Answer : Nope. Unemployment has been bad for 2½ years now, and no one has. Crops went unpicked in Georgia when the state cracked down on undocumented farm workers. They had to get convicts to pick the crops.

What can I do about this employment situation?

Description : What can I do about this employment situation?

Last Answer : answer:I doubt you can take legal action as companies can let you go for any reason for at least the first 3 months of your employment. This was bad timing. Go back to your old job and keep your eyes open for something else.

Is it just me is or is this employment situation weird?

Description : Is it just me is or is this employment situation weird?

Last Answer : answer:Go for it… I don’t see why you’re so careful. It’s a job and you’re right – its just Blockbuster… Whats the worst that can happen? Keep looking on the side though…