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.Management Sciences
A. Allocative efficiency
B. Productive efficiency
C. Less than full use of resources
D. Unattainable levels of output
Related Mcqs:
- Using part of income/saving for more income is called_________________?
- A. Investment B. Busyness C. Consumption D. Entrepreneurship...
- The percentage of labour force unemployment at any time__________________?
- A. Unemployment rate B. Inflation rate C. Deflation rate D. None...
- The extreme case of physical resource endowment is ________________?
- A. Gulf oil states B. United states America C. USSR D. South Africa...
- Total number of monetary units received by a firm from the sale of a product is called___________________?
- A. Total revenue B. Nominal profit C. Both D. None...
- An economic plan that sets targets to cover all the major sectors of the national economy?
- A. Centralized plan B. Comprehensive plan C. Commune D. None...
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