» Micro Economics 1 solved MCQs

“Utility or satisfaction is a subjective concept; therefore it could only beranked”. The statement supports

Byadmin May 5, 2021

Question:

“Utility or satisfaction is a subjective concept; therefore it could only beranked”. The statement supports

cardinal utility theorist

ordinal utility theorist

behavioral theorist of the firm

none of the above

Answer» b. ordinal utility theorist

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

» Modern Banking and Insurance solved MCQs

First fire insurance company opened at

Question:

First fire insurance company opened at

A.
london
B.
italy
C.
germany
D.
france
Answer» a. london

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More First fire insurance company opened at
» Micro economics 2 solved MCQs

The marker structure which have large number of sellers selling differentiatedproduct is called

Question:

The marker structure which have large number of sellers selling differentiatedproduct is called

A.
Perfect competition
B.
Monopoly
C.
Monopolistic competition
D.
Oligopoly
Answer» c. Monopolistic competition

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More The marker structure which have large number of sellers selling differentiatedproduct is called
» Kerala Economy solved MCQs

The largest agro based industry in Kerala is:

Question:

The largest agro based industry in Kerala is:

A.
handloom
B.
coir
C.
bamboo
D.
none
Answer» b. coir

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More The largest agro based industry in Kerala is:
» Mathematics for Economic Analysis 1 solved MCQs

The total number of elements of the set of all possible outcome when two coins are tossed

Question:

The total number of elements of the set of all possible outcome when two coins are tossed

A.
2
B.
3
C.
4
D.
6
Answer» c. 4

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More The total number of elements of the set of all possible outcome when two coins are tossed
» Micro Economics 1 solved MCQs

When individuals income rises (everything remain the same) his demand fora normal good

Question:

When individuals income rises (everything remain the same) his demand fora normal good

A.
rises
B.
falls
C.
remains the same
D.
negative
Answer» a. rises

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More When individuals income rises (everything remain the same) his demand fora normal good
» Micro Economics 1 solved MCQs

Indifference curves are

Question:

Indifference curves are

A.
always parallel
B.
may be parallel
C.
may not be parallel
D.
both b and c
Answer» d. both b and c

Note: The above multiple-choice question is for all general and Competitive Exams in India.

Read More Indifference curves are

“Utility or satisfaction is a subjective concept; therefore it could only beranked”. The statement supports

Similar Posts

First fire insurance company opened at

The marker structure which have large number of sellers selling differentiatedproduct is called

The largest agro based industry in Kerala is:

The total number of elements of the set of all possible outcome when two coins are tossed

When individuals income rises (everything remain the same) his demand fora normal good

Indifference curves are