Division of labour is limited by - (1) the number of workers (2) hours of work (3) extent of the market (4) working space

Division of labour is limited by - (1) the number of workers (2) hours of work (3) extent of the market (4) working space
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(3) extent of the market Explanation: Division of labour is a process whereby the production process is broken clown into a sequence of stages and workers are assigned to particular stages. As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division mils (always be limited by the extent of that power, or, other words, by the extent of the market.
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Division of labour is limited by (1) the number of workers (2) hours of work (3) extent of the market (4) working space

Description : Division of labour is limited by (1) the number of workers (2) hours of work (3) extent of the market (4) working space

Last Answer : extent of the market

Which of the following statements is correct? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) Economic rent is the difference between the market wage and the reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Description : Which of the following statements is correct? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) ... reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Last Answer : (3) Economic rent is the difference between the market wage and the reservation wage. Explanation: The difference between the actual market wage and the reservation wage is called economic rent. Therefore ... per-son becomes unemployed (The Goals of Macroeconomic Policy by Martin Prachowny. p. 58).

Which of the following statements is correct ? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) Economic rent is the difference between the market wage and the reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

Description : Which of the following statements is correct ? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) ... reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market. 

Last Answer :  Economic rent is the difference between the market wage and the reservation wage.

The supply of labour in the market depends on - (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Description : The supply of labour in the market depends on - (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Last Answer : (4) All the above Explanation: Supply of labour in an economy depends upon both economic as well as noneconomic factors. It depends upon the size of population, the number of workers available for ... intensity of work, the skills of workers, their willingness to work and the mobility of labour.

The supply of labour in the market depends on (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Description : The supply of labour in the market depends on (1) the proportion of the population in the labour force (2) the number of person hours put in by each person (3) the size of population (4) All the above

Last Answer : All the above

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Description : Which of the following brings out the 'Consumer Price Index Number' for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Last Answer : (2) The Labour Bureau Explanation: The Consumer Price Index Numbers for Industrial Workers CPI (IW) are being compiled, maintained and disseminated by the Labour Bureau since its inception in October, 1946. ... of the economy. These index numbers are compiled by the Bureau on month to month basis.

Which of the following brings out the ‘Consumer Price Index Number’ for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Description : Which of the following brings out the ‘Consumer Price Index Number’ for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Last Answer : The Labour Bureau

Division of labour is the result of - (1) Complicated work (2) excessive pressure (3) excess supply of labour (4) specialization

Description : Division of labour is the result of - (1) Complicated work (2) excessive pressure (3) excess supply of labour (4) specialization

Last Answer : (4) specialisation Explanation: Division of Labor is the "specialization" of cooperative labor in specific, circumscribed tasks and like roles. It is a process whereby the production process is broken down into a sequence of stages and workers are assigned to particular stages.

Division of labour is the result of (1) Complicated work (2) excessive pressure (3) excess supply of labour (4) specialisation

Description : Division of labour is the result of (1) Complicated work (2) excessive pressure (3) excess supply of labour (4) specialisation

Last Answer : specialisation

Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital stock used for current production. (4) rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Description : Capacity utilization - (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : (3) is a measure of the proportional of the existing capital stock used for current production. Explanation: Capacity utilisation refers to the extent or level to which the productive capacity of a ... as a percentage, it is computed by dividing the total capacity with the portion being utilized.

Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital stock used for current production. (4) rises as the economy moves into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Description : Capacity utilisation (1) is usually near 100 percent. (2) represents the percent of the labour force that is employed. (3) is a measure of the proportional of the existing capital ... into a recession, since firms must replace unemployed workers with some other resources to maintain production.

Last Answer : is a measure of the proportional of the existing capital stock used for current production.

Market segmentation is: (1) Group of Sales Persons (2) Dividing target groups as per their needs (3) Market Division (4) Market Space

Description : Market segmentation is: (1) Group of Sales Persons (2) Dividing target groups as per their needs (3) Market Division (4) Market Space

Last Answer : (2) Dividing target groups as per their needs Explanation: Market segmentation is a marketing strategy which refers to the aggregating of prospective buyers into groups, or segments, having ... design a marketing mix that precisely matches the expectations of customers in the targeted segment.

Market segmentation is: (1) Group of Sales Persons (2) Dividing target groups as per their needs (3) Market Division (4) Market Space

Description : Market segmentation is: (1) Group of Sales Persons (2) Dividing target groups as per their needs (3) Market Division (4) Market Space

Last Answer : Dividing target groups as per their needs

The liability of the shareholders of a public limited company is limited to the extent of– (A) Par value of the share (B) Paid up value of the shares (C) Market price of the shares (D) Intrinsic value of the shares

Description : The liability of the shareholders of a public limited company is limited to the extent of– (A) Par value of the share (B) Paid up value of the shares (C) Market price of the shares (D) Intrinsic value of the shares

Last Answer : Answer: Paid up value of the shares

How did the abundance of labour in the market affect the lives of the workers in Britain during the nineteenth century? -SST 10th

Description : How did the abundance of labour in the market affect the lives of the workers in Britain during the nineteenth century? -SST 10th

Last Answer : (i) Many job-seekers had to wait for weeks, spending nights under bridges or in night shelters. Some stayed in night refuges that were set up by private individuals; others went to the Casual ... value of what the workers earned fell significantly, since the same wages could now buy fewer things.

Why is the law of diminishing marginal returns true? a. specialization and division of labor b. spreading the average fixed cost c. limited capital d. all factors being variable in the long-run

Description : Why is the law of diminishing marginal returns true? a. specialization and division of labor b. spreading the average fixed cost c. limited capital d. all factors being variable in the long-run

Last Answer : c. limited capital

Which terns is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Description : Which terns is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Last Answer : (4) GNP Explanation: Gross National Product (GNP) is defined as "the market value of all goods and services produced in one year by labour and property supplied by the residents of a country. It is ... ), defined as "the value of all final goods and services produced in a country in I year."

The demand for labour is called - (1) Market demand (2) Direct demand (3) Derived demand (4) Factory demand

Description : The demand for labour is called - (1) Market demand (2) Direct demand (3) Derived demand (4) Factory demand

Last Answer : (3) Derived demand Explanation: The demand for labour is "derived- from the production and demand for the product being demanded. If the demand for the product increases, either the price will ... price and production numbers are met. Labour is "derived" from the market demand for the product.

Backward bending supply curve belongs to which market? (1) Capital (2) Labour (3) Money (4) Inventories

Description : Backward bending supply curve belongs to which market? (1) Capital (2) Labour (3) Money (4) Inventories

Last Answer : (2) Labour Explanation: In economics, backward bending supply curve is related to labour. Also known as backward-bending supply curve of labour, This curve models a situation where workers choose to ... It shows how the change in real wage rates affects the number of hours worked by employees.

Backward bending supply curve belongs to which market? (1) Capital (2) Labour (3) Money (4) Inventories

Description : Backward bending supply curve belongs to which market? (1) Capital (2) Labour (3) Money (4) Inventories

Last Answer : Labour

Which term is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Description : Which term is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Last Answer : GNP

The demand for labour is called (1) Market demand (2) Direct demand (3) Derived demand (4) Factory demand

Description : The demand for labour is called (1) Market demand (2) Direct demand (3) Derived demand (4) Factory demand

Last Answer :  Derived demand

One of the following is 'Labour' in Economics. (1) A Musician performing for a benefit fund (2) A Painter working for his own pleasure (3) Reading a book as a hobby (4) A Mother teaching her own son

Description : One of the following is 'Labour' in Economics. (1) A Musician performing for a benefit fund (2) A Painter working for his own pleasure (3) Reading a book as a hobby (4) A Mother teaching her own son

Last Answer : (1) A Musician performing for a benefit fund Explanation: Labour includes both physical and mental work undertaken for some monetary reward. In this way, workers working in factories, services of ... not undertaken for getting income, but simply to attain pleasure or happiness, is not labour.

One of the following is ‘Labour’ in Economics. (1) A Musician performing for a benefit fund (2) A Painter working for his own pleasure (3) Reading a book as a hobby (4) A Mother teaching her own son

Description : One of the following is ‘Labour’ in Economics. (1) A Musician performing for a benefit fund (2) A Painter working for his own pleasure (3) Reading a book as a hobby (4) A Mother teaching her own son 

Last Answer : A Musician performing for a benefit fund

Prabu and balaji are two workers. Working together they can complete the whole work in 20 hours. If the Prabu worked for 5 hours and balaji worked for 17 hours, still there was half of the work to be done. In how many hours Prabu working alone, can complete the whole work? a) 17 hours b) 23 hours c) 34 hours d) 37 hours

Description : Prabu and balaji are two workers. Working together they can complete the whole work in 20 hours. If the Prabu worked for 5 hours and balaji worked for 17 hours, still there was half of the work to be done ... working alone, can complete the whole work? a) 17 hours b) 23 hours c) 34 hours d) 37 hours

Last Answer : C Efficiency of Prabu and balaji = 5% Prabu worked for 5 hours and balaji worked separately 17 hours. Which means it can be considered that Prabu and balaji worked together for 5 hours and balaji worked alone for ... (5-2.08) = 2.92% Thus, prabu require . = 34 hours to complete the work alone.

During September, 300 labour hours were worked for a total cost of Rs 4800. The variable overhead expenditure variance was Rs 600 (A). Overheads are assumed to be related to direct labour hours of active working. What was the standard cost per labour hour? (a) Rs 14 (b) Rs 16.50 (c) Rs 17.50

Description : During September, 300 labour hours were worked for a total cost of Rs 4800. The variable  overhead expenditure variance was Rs 600 (A). Overheads are assumed to be related to direct labour  hours of active working. What was the standard cost per labour hour? (a) Rs 14 (b) Rs 16.50 (c) Rs 17.50

Last Answer : (a) Rs 14

The goal of a pure market economy is to best meet the desires of a. consumers b. companies c. workers d. the government

Description : The goal of a pure market economy is to best meet the desires of a. consumers b. companies c. workers d. the government

Last Answer : a. consumers

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

Description : 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 ... unemployment rate is too high d. Full employment occurs when there is no frictional unemployment

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

The extent nesting in subroutine is limited only by: a. Number of available Stack locations b. Number of available Addressing locations c. Number of available CPU locations d. Number of available Memory locations

Description : The extent nesting in subroutine is limited only by: a. Number of available Stack locations b. Number of available Addressing locations c. Number of available CPU locations d. Number of available Memory locations

Last Answer : a. Number of available Stack locations

A 59-year-old trauma patient has suffered multiple septic complications including severe pneumonia, intraabdominal abscess, and major wound infection. He has now developed signs of multisystem organ failure. Which of the following statement(s) is/are true concerning necessary changes to be made in his nutritional management? a. Carbohydrate load should be reduced in the face of respiratory failure b. In patients with renal failure, protein intake should be diminished c. During hemodialysis protein intake should be limited to the same extent d. In patients with hepatic failure, carbohydrate load should be increased

Description : A 59-year-old trauma patient has suffered multiple septic complications including severe pneumonia, intraabdominal abscess, and major wound infection. He has now developed signs of multisystem organ ... the same extent d. In patients with hepatic failure, carbohydrate load should be increased

Last Answer : Answer: a, b The most severe complication of sepsis is multiple system organ dysfunction syndrome, which may result in death. The development of organ failure requires changes in the ... should be provided as fat emulsion. If encephalopathy develops, protein load should also be reduced0

For slopes of limited extent the surface of slippage, is usually along (A) A parabolic arc (B) An elliptical arc (C) A straight line (D) A circular arc

Description : For slopes of limited extent the surface of slippage, is usually along (A) A parabolic arc (B) An elliptical arc (C) A straight line (D) A circular arc

Last Answer : (D) A circular arc

When the surgeon performs an appendectomy, the nurse recognizes that the surgical category will be identified as a) clean contaminated. Clean-contaminated cases are those with a potential, limited source for infection, the exposure to which, to a large extent, can be controlled. b) clean. Clean cases are those with no apparent source of potential infection. c) contaminated. Contaminated cases are those that contain an open and obvious source of potential infection. d) dirty. A traumatic wound with foreign bodies, fecal contamination, or purulent drainage would be considered a dirty case.

Description : When the surgeon performs an appendectomy, the nurse recognizes that the surgical category will be identified as a) clean contaminated. Clean-contaminated cases are those with a potential, limited ... with foreign bodies, fecal contamination, or purulent drainage would be considered a dirty case.

Last Answer : a) clean contaminated. Clean-contaminated cases are those with a potential, limited source for infection, the exposure to which, to a large extent, can be controlled.

What is the impact of flexible labour laws on workers? -SST 10th

Description : What is the impact of flexible labour laws on workers? -SST 10th

Last Answer : Flexibility in labour laws has badly affected the workers. MNCs employ them on a temporary basis in order to cut costs. They do not pay throughout the year.During peak seasons, workers are made to ... are also not given fair wages. This forces them to lead a very hard and highly insecured life.

Calculate the labour turnover rate according to Separation method from the following: No. of workers on the payroll: - At the beginning of the month: 500 - At the end of the month: 600 During the month, 5 workers left, 20 workers were discharged and 75 workers were recruited. Of these, 10 workers were recruited in the vacancies of those leaving and while the rest were engaged for an expansion scheme. (a) 4.55% (b) 1.82% (c) 6% (d) 3%

Description : Calculate the labour turnover rate according to Separation method from the following: No. of workers on the payroll: - At the beginning of the month: 500 - At the end of the month: 600 During the month, 5 workers left ... engaged for an  expansion scheme. (a) 4.55% (b) 1.82% (c) 6% (d) 3%

Last Answer : (a) 4.55%

Calculate the labour turnover rate according to replacement method from the following: No. of workers on the payroll: - At the beginning of the month: 500 - At the end of the month: 600 During the month, 5 workers left, 20 workers were discharged and 75 workers were recruited. Of these, 10 workers were recruited in the vacancies of those leaving and while the rest were engaged for an expansion scheme. (a) 4.55% (b) 1.82% (c) 6% (d) 3%

Description : Calculate the labour turnover rate according to replacement method from the following: No. of workers on the payroll: - At the beginning of the month: 500 - At the end of the month: 600 During the month, 5 workers left ... engaged for an expansion scheme. (a) 4.55% (b) 1.82% (c) 6% (d) 3%

Last Answer : (b) 1.82%

Calculate workers recruited and joined from the following: Labour turnover rates are 20%, 10% and 6% respectively under Flux method, Replacement method and Separation method. No. of workers replaced during the quarter is 80. (a) 112 (b) 80

Description : Calculate workers recruited and joined from the following: Labour turnover rates are 20%, 10% and 6% respectively under Flux method, Replacement method and  Separation method. No. of workers replaced during the quarter is 80. (a) 112 (b) 80

Last Answer : (a) 112

Calculate workers left and discharged from the following: Labour turnover rates are 20%, 10% and 6% respectively under Flux method, Replacement method and Separation method. No. of workers replaced during the quarter is 80. (a) 112 (b) 80 (c) 48 (d) 64

Description : Calculate workers left and discharged from the following: Labour turnover rates are 20%, 10% and 6% respectively under Flux method, Replacement method and  Separation method. No. of workers replaced during the quarter is 80. (a) 112 (b) 80 (c) 48 (d) 64

Last Answer : (c) 48

Match List-I (Type of Unemployment) with List-II (Characteristics) and select the correct answer using the codes given below: L ist-I L ist -I I (Type of (Char acter ist ics) Unem ployment ) A. Seasonal I. Occurs during boom or recession in the economy B. Frictional II. An absence of demand for a certain type of workers C. Disguised III. Occurs when moving from one job to another D. Structural IV. Actual contribution by the additional labour is nil E. Cyclical V. Job opportunities during certain months in the year

Description : Match List-I (Type of Unemployment) with List-II (Characteristics) and select the correct answer using the codes given below: L ist-I L ist -I I (Type of (Char acter ist ics) Unem ... contribution by the additional labour is nil E. Cyclical V. Job opportunities during certain months in the year

Last Answer : (1) A-V, B-III, C-IV, D-II, E-I

In present times, the prestige level of teachers is recognized by the general public as Options: A) Above that of professional worker B) On a par with the professional class of workers C) On a par with the wage earner or labour D) Somewhere between wage earner and professional worker

Description : In present times, the prestige level of teachers is recognized by the general public as Options: A) Above that of professional worker B) On a par with the professional class of workers C) On a par with the wage earner or labour D) Somewhere between wage earner and professional worker

Last Answer : D) Somewhere between wage earner and professional worker 

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

Description : 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

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.

The self-employed in a developing country who are engaged in small scale labour intensive work belong to the - (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector

Description : The self-employed in a developing country who are engaged in small scale labour intensive work belong to the - (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector

Last Answer : (2) Primary sector Explanation: Such a scenario is seen in the case of primary economic activities such as agriculture in the developing countries like India. Most of the primary activities are labour ... volume of man-power substitutes the lack of technology. Besides, farmers are 'self-employed.'

The calorie requirement is higher in the rural areas because (a) They do not enjoy as much as people in the urban areas (b) Food items are expensive (c) They are engaged in mental work (d) People are engaged in physical labour

Description : The calorie requirement is higher in the rural areas because (a) They do not enjoy as much as people in the urban areas (b) Food items are expensive (c) They are engaged in mental work (d) People are engaged in physical labour

Last Answer : (d) People are engaged in physical labour

The self-employed in a developing country who are engaged in small scale labour intensive work belong to the (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector

Description : The self-employed in a developing country who are engaged in small scale labour intensive work belong to the (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector

Last Answer : Primary sector

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

Description : 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

Last Answer : Marginal productivity of labour

What do you mean by sexual division of labour ? -SST 10th

Description : What do you mean by sexual division of labour ? -SST 10th

Last Answer : A system in which all work inside the home is either done by the women of the family, or organised by them through the domestic helpers.

explain the sexual division of labour. -SST 10th

Description : explain the sexual division of labour. -SST 10th

Last Answer : This answer was deleted by our moderators...

What do you understand by ‘sexual division of labour’? Give some examples. -SST 10th

Description : What do you understand by ‘sexual division of labour’? Give some examples. -SST 10th

Last Answer : It is a system in which all work inside the home is either done by the women of the family, or organised by them through the domestic helpers. It is reflected in most of the families. Women do ... not that men cannot do housework; they simply think that it is for women to attend to these things.

Explain the sexual division of labour. -SST 10th

Description : Explain the sexual division of labour. -SST 10th

Last Answer : In India, women are supposed to bring up children and look after the home. They do all the cleaning, washing, cooking, even tailoring. There is no value attached to this work. In rural areas, women ... . They are excellent cooks or tailors but they take up these jobs only when paid in hotels, etc.

What is sexual division of labour ? -SST 10th

Description : What is sexual division of labour ? -SST 10th

Last Answer : Sexual division of labour means division of work on the basis of the gender difference and according to this concept, all house work and responsibility of bringing up children is women's work ... and legal status of women. (iii) Improvement of educational and career opportunities for women.

Multicellular organisms have division of labour. Explain. -Biology

Description : Multicellular organisms have division of labour. Explain. -Biology

Last Answer : answer: