Which of the following is correct?
(i) National income = gross national product - Depreciation
(ii) National income = Rent + Wages + Salary + interest + profit
(iii) Variable cost Average variable cost = $$\frac{{{\text{Variable cost}}}}{{{\text{Production}}}}$$
Select your answer

Which of the following is correct?
(i) National income = gross national product - Depreciation
(ii) National income = Rent + Wages + Salary + interest + profit
(iii) Variable cost Average variable cost = $$\frac{{{\text{Variable cost}}}}{{{\text{Production}}}}$$
Select your answer Correct Answer (i), (ii), (iii)

Bissoy MCQ

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