According to Modern Theory of Rent, rent accrues to - (1) capital only (2) any factor (3) labour only (4) land only

According to Modern Theory of Rent, rent accrues to - (1) capital only (2) any factor (3) labour only (4) land only
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(2) any factor Explanation: Modern theory of rent does not confine itself to the reward of only land as a factor of production as was the case in the classical Ricardian theory of rent. Rent in modern sense can arise in respect of any other factor of production. i.e., labour, capital and entrepreneurship.
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According to Modern Theory of Rent, rent accrues to (1) capital only (2) any factor (3) labour only (4) land only

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According to Absolute and Comparative Advantage theories----- is the only factor of production. (a) land (b) labour © capital (d) organization.

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Last Answer : (c) Capital

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Last Answer :  Gross domestic income

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

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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.

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Description : In the long run, which of the following factors of production is fixed? (a) capital (b) building © labour (d) none of the above

Last Answer : (d) none of the above

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Last Answer : (b) Capital intensive country.

Which among the following has the least possibility of globalisation ? (1) selection of labour force (2) location of capital works (3) to manage resources for investment (4) increase in infrastructure

Description : Which among the following has the least possibility of globalisation ? (1) selection of labour force (2) location of capital works (3) to manage resources for investment (4) increase in infrastructure

Last Answer : location of capital works

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

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.

Economics classifies the manmade instrument of production as : (1) organization (2) capital (3) equipment (4) labour

Description : Economics classifies the manmade instrument of production as : (1) organization (2) capital (3) equipment (4) labour

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Labour Intensive Technique would get chosen in a (1) Labour Surplus Economy (2) Capital Surplus Economy (3) Developed Economy (4) Developing Economy

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Enterpreneurial ability is a special kind of labour that (1) is hired out to firms at high wages (2) organizes the process of production (3) produces new capital goods to earn interest (4) manages to avoid losses by continual innovation

Description : Enterpreneurial ability is a special kind of labour that (1) is hired out to firms at high wages (2) organizes the process of production (3) produces new capital goods to earn interest (4) manages to avoid losses by continual innovation

Last Answer : organizes the process of production

What is the sum total of incomes received for the services of labour, land or capital in a country? -General Knowledge

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What is the sum total of incomes received for the services of labour, land or capital in a country? -General Knowledge

Description : What is the sum total of incomes received for the services of labour, land or capital in a country? -General Knowledge

Last Answer : answer:

Density of population shows: (1) Land capital ratio (2) Land product ratio (3) Land labour ratio (4) Man land ratio

Description : Density of population shows: (1) Land capital ratio (2) Land product ratio (3) Land labour ratio (4) Man land ratio

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Which of the following is not the factors of production ? 1. Land 2. Labour 3. Capital 4. Entrepreneur 5. None of these

Description : Which of the following is not the factors of production ? 1. Land 2. Labour 3. Capital 4. Entrepreneur 5. None of these

Last Answer : Entrepreneur

Which of the following will have a relatively flat supply curve (a) Land ; (b) Labour ; (c) Capital ; (d) Raw material

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Which of the following is/ are an economic resource (a) Land ; (b) Capital ; (c) Labour ; (d) All the three

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Description : Which of the following are not fixed costs? (1) Rent on land (2) Municipal taxes (3) Wages paid to workers (4) Insurance charges

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