1. JOHN Co. is thinking about another business system that will be substantial for the following 4 years. They need to know the estimation of the new technique. Following data identifying with the year which has quite recently finished, is accessible:

Pay Statement '

Sales 20,000

Net edge (20%) 4,000

Organization, Selling and dissemination cost (10%) 2,000

PBT 2,000

Expense (30%) 600

PAT 1,400

Asset report Data

Fixed Assets 8,000

Current Assets 4,000

Equity 12,000

In the event that it receives the new system, deals will develop at the pace of 20% each year for a very long time. The gross edge proportion, Resources turnover proportion, the Capital construction and the annual duty rate will stay unaltered.

Deterioration would be at 10% of net fixed resources toward the start of the year.

The Organization's objective pace of return is 15%.

Decide the steady worth because of appropriation of the procedure.

2. An isoquant is to an iso cost line at harmony point:

A) Convex B) Curved

C) Tangent D) Opposite

3. At the place of emphasis, the negligible item is:

A) Increasing B) Diminishing

C) Maximum D) Negative

4. Diminishing minor returns infers:

A) Decreasing normal variable expenses

B) Decreasing negligible expenses

C) Increasing negligible expenses

D) Decreasing normal fixed expenses

5. If the negligible result of work is beneath the normal result of work. The facts must confirm that:

A) Marginal result of work is negative

B) Marginal result of work is zero

C) Average result of work is falling

D) Average result of work is negative

6. Law of variable extent is substantial when:

A) Only one info is fixed and any remaining data sources are kept variable

B) All factors are kept steady

C) All inputs are changed in a similar extent

D) None of these

7. A huge property of Cobb Douglas creation work is that the versatility of replacement between inputs is

A) Equal to 1 B) Mutiple

C) Under 1 D) 0

8. CES creation work is

A) Homogeneous B) directly homogeneous

C) directly non homogeneous D) nothing unless there are other options

9 goods abuse the law of interest after costs have transcended a specific level

A) Normal goods B) Stiff neck merchandise

C) Veblen goods D) Temporary fad merchandise

10. According to when pay increments by a little addition, it prompts expanding

minor utility of pay

A) Kaldor B) Hicks

C) Markowitz D) Friedman and Savage