Download App

Model Paper 2 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 21 Mark
MCQ
The problem of  'How to produce’ is making a choice between
  • A
    None of these
  • B
    Capital Intensive methods
  • C
    Labour intensive methods
  • ✓
    Both of these
✓

Answer

Correct option: D.
Both of these
(d) Both of these
Explanation: Technology means the correct proportion in which the different factors of production are to be employed. There are two types of techniques. A labour-intensive technique would employ relatively more labour and less capital. On the other hand, capital- intensive technique means more capital and less labour.The context of how to produce is ‘which techniques are to be adopted’?

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Model Paper 2→Model Paper 2 — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Rank correlation method was developed by:
→
If there are two groups containing 10 & 5 observations and having 15 & 60 as arithmetic means, then the combined arithmetic mean is:
→
The Paasche’s index number is based on:
→
In case of increase in supply, we move:
→
The word ‘statistics’ is used as:
→
When economic facts are expressed in statistical terms they become:
→
Mode of $15, 12, 5, 13, 12, 15, 8, 8, 9, 9, 10, 15$ is:
→
Vardaan wants to find the average height of $4$ of his friends. Which source of data collection would be suitable for him?
→
Histogram is prepared in case of:
→
Which of the following is a unit less measures of dispersion?
→