Question : Economies of a firm are :

Option 1: an increase in its profits

Option 2: a reduction in its selling expenses

Option 3: its dominance of the market

Option 4: saving in its production costs

Question : By selling 24 items, a shopkeeper gains the selling price of 4 items. His gain percentage is:

Option 1: $16 \frac{1}{3} \%$

Option 2: $20 \%$

Option 3: $33 \frac{1}{3} \%$

Option 4: $16 \frac{2}{3} \%$

Question : If a firm is operating at a loss in the short period in perfect combination, it should:

Option 1: decrease the production and price

Option 2: increase the production and price

Option 3: continue to operate as long as it covers even the variable costs

Option 4: shut down and leave the industry

Question : There was a substantial increase in foodgrain production, especially wheat production, during the period after:

Option 1: 1954

Option 2: 1964

Option 3: 1965

Option 4: 1966

Question : AGMARK is

Option 1: A cooperative for egg production

Option 2: Regulated agricultural market

Option 3: Farmer's cooperative

Option 4: A quality guarantee stamp for commodities

Question : What is the ratio of inradius and circumradius of an equilateral triangle?

Option 1: 1 : 2

Option 2: 1 : 3

Option 3: 1 : 4

Option 4: 3 : 2