» Micro Economics 1 solved MCQs

As a result of a fall in the price total expenditure on the commodity decreases, the coefficient of elasticity will be:

Byadmin May 4, 2021

Question:

As a result of a fall in the price total expenditure on the commodity decreases, the coefficient of elasticity will be:

Equal to one

Greater than one

Less than one

Cannot say

Answer» c. Less than one

Note:

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

» Micro economics 2 solved MCQs

When the D curve is elastic, MR is

Question:

When the D curve is elastic, MR is

A.
1
B.
0
C.
positive
D.
negative.
Answer» c. positive

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

Read More When the D curve is elastic, MR is
» Micro economics 2 solved MCQs

Investment Multiplier explains measures the change income as result of change in:

Question:

Investment Multiplier explains measures the change income as result of change in:

A.
Saving
B.
Wealth
C.
Employment
D.
Investment.
Answer» c. Employment

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

Read More Investment Multiplier explains measures the change income as result of change in:
» Micro economics 2 solved MCQs

Under monopoly the slope of AR curve is:

Question:

Under monopoly the slope of AR curve is:

A.
Upward sloping
B.
downward sloping
C.
horizontal
D.
None of these
Answer» b. downward sloping

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

Read More Under monopoly the slope of AR curve is:
» Modern Banking and Insurance solved MCQs

DFHI was set up in

Question:

DFHI was set up in

A.
1988
B.
1982
C.
1956
D.
1948.
Answer» a. 1988

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

Read More DFHI was set up in
» Quantitative Methods for Economic Analysis 2 solved MCQs

Vertical curve represent the value of correlation coefficient to be

Question:

Vertical curve represent the value of correlation coefficient to be

A.
positive
B.
negative
C.
zero
D.
all of the above
Answer» c. zero

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

Read More Vertical curve represent the value of correlation coefficient to be
» Quantitative Methods for Economic Analysis 1 solved MCQs

What is the purpose of a summary table?

Question:

What is the purpose of a summary table?

A.
to see differences between or among categories
B.
to list data to create a bar or pie chart
C.
this is the only way to present categorical data in numerical form
D.
to sum the values of responses to a survey
Answer» a. to see differences between or among categories

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

Read More What is the purpose of a summary table?

As a result of a fall in the price total expenditure on the commodity decreases, the coefficient of elasticity will be:

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When the D curve is elastic, MR is

Investment Multiplier explains measures the change income as result of change in:

Under monopoly the slope of AR curve is:

DFHI was set up in

Vertical curve represent the value of correlation coefficient to be

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