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(English Medium) ICSE Class 10 - CISCE Question Bank Solutions for Economic Applications

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Economic Applications
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Tick the one which does not belong to the following group.

[9] Entrepreneur
Chapter: [9] Entrepreneur
Concept: undefined >> undefined

Tick the one which does not belong to the following group.

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

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The transformation of resources into economic goods and services is called ______.

[4] Factors of Production
Chapter: [4] Factors of Production
Concept: undefined >> undefined

All factors of production are equally mobile.

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

All factors of production are equally mobile.

[9] Entrepreneur
Chapter: [9] Entrepreneur
Concept: undefined >> undefined

All factors of production are equally mobile.

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

Match the following:

Column I Column II
1. Factors of production P. Human resources
2. Land Q. Man-made resources
3. Capital R. Economic resources
4. Entrepreneur S. Natural resources

Choose the correct alternative:

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

Match the following:

Column I Column II
1. Factors of production P. Human resources
2. Land Q. Man-made resources
3. Capital R. Economic resources
4. Entrepreneur S. Natural resources

Choose the correct alternative:

[9] Entrepreneur
Chapter: [9] Entrepreneur
Concept: undefined >> undefined

Match the following:

Column I Column II
1. Factors of production P. Human resources
2. Land Q. Man-made resources
3. Capital R. Economic resources
4. Entrepreneur S. Natural resources

Choose the correct alternative:

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

Match the following:

Factor of Production Characteristic
A. Land (i) Subject to depreciation
B. Mannual labour (ii) Risk and Bearing
C. Capital (iii) Permanent
D. Entrepreneur (iv) Involves physical work

Choose the correct alternative:

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

Match the following:

Factor of Production Characteristic
A. Land (i) Subject to depreciation
B. Mannual labour (ii) Risk and Bearing
C. Capital (iii) Permanent
D. Entrepreneur (iv) Involves physical work

Choose the correct alternative:

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

Match the following:

Factor of Production Characteristic
A. Land (i) Subject to depreciation
B. Mannual labour (ii) Risk and Bearing
C. Capital (iii) Permanent
D. Entrepreneur (iv) Involves physical work

Choose the correct alternative:

[9] Entrepreneur
Chapter: [9] Entrepreneur
Concept: undefined >> undefined

Why is capital called a 'produced means of Production?

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

Why is capital called a 'produced means of Production?

[9] Entrepreneur
Chapter: [9] Entrepreneur
Concept: undefined >> undefined

Why is capital called a 'produced means of Production?

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

Define production.

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

Define production.

[9] Entrepreneur
Chapter: [9] Entrepreneur
Concept: undefined >> undefined

Define production.

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

Differentiate between labour and land.

[5] Land
Chapter: [5] Land
Concept: undefined >> undefined

Distinguish between Individual demand and Market demand.

[1] Elementary Theory of Demand
Chapter: [1] Elementary Theory of Demand
Concept: undefined >> undefined
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