Economic (M.Sc)

Q: Break-even-point is a situation where:

(a) :  Profits are negative
(b) :  There is no profit no loss
(c) :  Profits-Costs
(d) :  Business is at the point of dissolution
(e) :  None of the Above
Answer:  There is no profit no loss
Explanation:  

Q: If worker A earns more in wages than worker B, it could be because:

(a) :  The product made by worker A sells for a higher price than that made by worker B
(b) :  Worker A uses more capital per worker than worker B
(c) :  Worker A has more natural ability than worker B
(d) :   All of the above
(e) :  NONE
Answer:   All of the above
Explanation:  

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