What is called the minimum price of a commodity that is fixed by government in order to save the interests of producer of raw materials ?

Related Mcqs:

The term Mark-up refers to________________?

A. Rise in the price of an item for sale B. An amount added to cost price in calculating selling price C. Both of them D. All of them...

Name a market that is characterized by a small number of producers who often act together to control the supply of a particular good and its market price ?

A. Oligopoly B. Monopoly C. Oligopsony D. Grey market...

Inflation means ?

A. Rise in budget deficit B. Rise in money supply C. Rise in general price index D. Reflection...

What term is given to unemployment caused by a downturn in the business cycle ?

A. Underemployment B. Disguised unemployment C. Temporary unemployment D. Cyclical unemployment...

How is known the process in which an investment company continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies ?

A. combine fund B. Mutual fund C. Liquid fund D. Stock holding company...