Download App

Factors of Production — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsFactors of Production1 Mark
MCQ
When production of goods is divided into several processes it is known as _________.
  • A
    Product based
  • ✓
    Process based
  • C
    Territorial based
  • D
    Sample based
✓

Answer

Correct option: B.
Process based
B

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 "MCQ" from Factors of Production→Factors of Production — all question types→Economics STD 10 question papers→ICSE Board STD 10 question papers→ICSE Board question paper generator→

Similar questions

Identify which of the following is not the function of the central bank?
→
Which of the following is considered as legal tender money?
→
__________ is that which is never returned by the government, although it pays the interest thereon regularly.
→
The ratio of total deposits that a commercial bank has to keep with Reserve Bank of India is called:
→
_________ is relevant to perfect competition.
→
A fall in income of the consumer (in case of normal goods) will cause a/an _________.
→
From the following goods, demand for which is inelastic?
→
Which of the following is included in money?
→
When at a price of ₹5 per unit of a commodity, A's demand is for 11 units, B's demand is for 14 units and C's demand is for 8 units (assuming that there are only three consumers in the market), the market demand is _________.
→
Government expenditure on Mid-Day Meal scheme running in government (state run) schools is a type of __________ expenditure in government budget.
→