3. Agricultural Technology is hard to spread because
(a) it has to be adopted to local ‘ conditions.
(b) rural people are not receptive
(c) farmers are afraid to experiment on land for fear of failure.
(d) all of the above.
4. Indirect tax means
(a) there is not direct relationship between the tax payer and the government.
(b) direct relationship between tax payer and the government.
(c) tax base is income
(d) the incidence and impact are on the same person on whom tax is imposed.
5. One of the essential conditions of perfect competition is
(a) product differentiation
(b) multiplicity of prices for identical products at any one time.
(c) many sellers and a few buyers.
(d) Only one price for identical goods at any one time.