Question :
Which of the following about capital goods are true?

They have derived demand.

They donot loose their identitiy in the production process.

They have life span of years.

They satisfy the wants of consumers.

Option 1: 2&3
Option 2: 2&4
Option 3: 1,2&3
Option 4: 2,3&4

Question

Question :

Which of the following about capital goods are true?

They have derived demand.
They donot loose their identitiy in the production process.
They have life span of years.
They satisfy the wants of consumers.

Option 1: 2&3

Option 2: 2&4

Option 3: 1,2&3

Option 4: 2,3&4

Team Careers360 · Accepted Answer

Correct Answer: 1,2&3

Solution : Some important points regarding capital goods.

They are used in future for productive purpose and have lifespan of years.
They do not lose their identity in the production process.
They need replacement or repair over a certain period of time.
They have derived demand as their demand is derived from the demand for other goods.

Hence, Option B is correct.

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Question : Which of the following about capital goods are true? They have derived demand. They donot loose their identitiy in the production process. They have life span of years. They satisfy the wants of consumers. Option 1: 2&3Option 2: 2&4Option 3: 1,2&3Option 4: 2,3&4

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Question :
Which of the following about capital goods are true?

They have derived demand.

They donot loose their identitiy in the production process.

They have life span of years.

They satisfy the wants of consumers.

Option 1: 2&3
Option 2: 2&4
Option 3: 1,2&3
Option 4: 2,3&4

Question :
Factors responsible for depreciation of assets are-

Expected obsolescene.

Passage of time.

Normal wear and tear.

Capital loss

Question :
Which of the following are the part of national income?

Free boarding provided to a domestic servant.

Subsidised lunch served to workers in a factory.

Earnings of a self-employed doctor having a clinic at his own

Question :
Which of the following will be considered under the domestic territory of Russia?

Planes operated by Russian Airways between China and USA.

Political frontier by Russia.

Japanese Embassy in Russia.

Russian

Question : Which of the following are the part of national income?

Earning of shareholders from the sale of shares.

Purchase of tractor by a farmer.

Brokers commission on sale of an old car.

Purchase of goods by foreign tourists.

Question :
The phase of circular flow includes-

Generation

Distribution

Deposition