General Knowledge › Pakistan Economy › Question #19673
Single Choice Moderate

QThe difference between the amount produced by a firm and the higher amount that could most efficiently be produced is termed as:

ID: #19673 Pakistan Economy 62 views
Question Info
#19673Q ID
ModerateDifficulty
Pakistan EconomyTopic
Start Quiz on This Topic
 Your Answer

Choose the Best Option

Click any option to instantly check if you're correct.

  • A Excess Profit ✔ ✖
  • B Excess Supply ✔ ✖
  • C Excess Capacity ✔ ✖
  • D Excess Demand ✔ ✖
Correct Answer

Explanation

Excess Capacity
 Continue Practice
Previous Question Next Question
 Share

Share This Question

Challenge a friend or share with your study group.

 More from This Topic

Related MCQ Questions

Which five year plan of Pakistan is yet to be implemented?... In 1947 how many states did take part in the General Agreement on Tariffs and Trade trade round in Geneva?... Which sector is the largest and fastest growing sector of the world economy, providing more than 60% of global output?... Pinpoint the main objectives of World Trade Organization (WTO):... The minimum number of persons populated in one square kilometer of area are in:... The exploitation of countries is called: developing countries by advanced.... National income is essentially composed of... What is the share of wheat crop in total cropped area of Pakistan?... Identity the false statement among the followings:... A measure taken in respect of economic activity that has the intention of damage to another country's economy is called:...