Which of the following statements about microeconomics and macroeconomics is not true ?

For details, please visit the full answer page.

Holding all factors constant except one and increasing a variable factor is expected to lead to steadily decreased marginal product of that factor, this is an example of ?

For details, please visit the full answer page.

For details, please visit the full answer page.

For details, please visit the full answer page.

For details, please visit the full answer page.

A) Rice

B) Wheat

C) Cotton

D) Sugarcane

Answer: Pakistan’s largest food crop is Wheat.

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz