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Commerce · Q1285

Economics

Graduate and Post Graduate · Commerce · question 1285

Q1285

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 = Variable cost 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 =
Select your answer
A.
(i), (ii)
B.
(i), (iii)
C.
(ii), (iii)
D.
(i), (ii), (iii)
Answer

Answer: Option D

Solution

Answer: Option D
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