When ______, we know that the firms are earning just normal profits.

According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental

A

920

B

1,100

C

1,110

D

1,030

A company's profits have doubled for each of the last 5 years . If the total profits for the last 5 years were TK. 62 million , what were the profits in the first year ?

A

1

B

2

C

4

D

5

Ten firms makes huge profits, and the workers a ______.

A

blank cheque

B

lion's share

C

new ball game

D

dirty chaos

Which of the following securities proves a burden on finances of the company, when company is not earning profits?

A

Equity shares

B

Preference shares

C

Redeemable preference shares

D

Debentures

Price-taking firms i.e., firms that operate in a perfectly competitive market, are said to be 'small' relative to the market. Which of the following best describes this smallness?

A

The individual firm must have fewer than 10 employees

B

The individual firm faces a downward-sloping demand curve

C

The individual firm has assets less than Rs. 20 lakhs

D

The individual firm is unable to affect market price through its output decisions

A corporation that had Tk. 115.19 billion in profits for the year paid out Tk. 230.10 million in employee benefits . Approximately what percent of the profits were the employee benefits?

A

50%

B

0.2%

C

20%

D

5%

Three partners in a business shared a sum of TK. 1800/- in profits.What is the share of each if profits are shared in the ratio of 6:5:1 ?

A

TK. 1100, TK. 500, TK. 200

B

TK. 900, Tk. 800, TK.100

C

TK. 900, TK. 750, TK. 150

D

TK. 850, TK. 750, TK. 200

Percent contributed to profits by each of the 6 divisions, p through U, of company Y for the year 2000 and 2001 . Division R contributed how much less to the profits of company Y in 2001 than in 2000?

A

Tk. 6000.00

B

Tk.3000.00

C

Tk. 180,000

D

Tk. 100, 00

When ____, we know that the firms must be producing at the minimum point of the average cost curve and so there will be productive efficiency.

A

AC = AR

B

MC = AC

C

MC = MR

D

AR = MR

The day labourer depends ______ his day's earning _______ survival.

A

at, with

B

on, for

C

to, at

D

in, for

When ______, we know that the firms are earning just normal profits.

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