12th Class Business Studies Business Environment Question Bank MCQs - Business Environment

  • question_answer
    The cost of production increased due to increase in minimum wage rate by government is an economic dimension

    A) True

    B) False

    C) Can't say

    D) Partially true

    Correct Answer: B

    Solution :

    It is legal as the minimum wage rate is determined under minimum Wages Act, 1948.


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