Question : Which of the following is an incorrect statement concerning public goods?

Option 1: Usually, public goods are provided by the government.

Option 2: Consumption of public goods by people is rivalrous in nature.

Option 3: It is not easy to collect fees for public goods from every individual.

Option 4: Public goods are non-excludable in nature.

Question : Plant and machinery are 

Option 1: Producer's goods .

Option 2: Consumer's goods .

Option 3: Distributor's goods 

Option 4: Free goods .

Question : Expenditure on advertisement and public relations by an enterprise is a part of its:

Option 1: consumption of fixed capital

Option 2: final consumption expenditure

Option 3: intermediate consumption

Option 4: fixed capital

Question : Which one of the following is correctly matched?

Option 1: Secondary consumer - Grass

Option 2: Decomposer - Bacteria

Option 3: Producer - Deer

Option 4: Primary consumer - Leopard

Question : Goods which are meant either for consumption or for investment are called

Option 1: final goods

Option 2: giffen goods

Option 3: inferior goods

Option 4: intermediate goods