Market price and Factor cost will be equal when there are

Market price and Factor cost will be equal when there are

Q. Market price and Factor cost will be equal when there are:

  1. No direct tax
  2. No Indirect tax
  3. No subsidy
  4. No indirect tax and no subsidy

Answer: No indirect tax and no subsidy

national income mcqs
Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page