» Micro economics 2 solved MCQs

In monopolistic competition in long run equilibrium, the price will be equal to:

Byadmin May 1, 2021

Question:

In monopolistic competition in long run equilibrium, the price will be equal to:

the marginal cost

marginal revenue

average variable cost

average total cost

Answer» d. average total cost

Note:

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

» Mathematics for Economic Analysis 1 solved MCQs

Maximum number of linearly independent rows and columns of a matrix is called

Question:

Maximum number of linearly independent rows and columns of a matrix is called

A.
rank
B.
adjoint
C.
determinant
D.
inverse
Answer» a. rank

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

Read More Maximum number of linearly independent rows and columns of a matrix is called
» Micro economics 2 solved MCQs

The payment given to the factor labour is known as:

Question:

The payment given to the factor labour is known as:

A.
Rent
B.
Wage
C.
Interest
D.
profit
Answer» b. Wage

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

Read More The payment given to the factor labour is known as:
» Mathematical Tools for Economics 2 solved MCQs

An example of fixed inputs of production is

Question:

An example of fixed inputs of production is

A.
land
B.
organisation
C.
both a and b
D.
none of these
Answer» c. both a and b

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

Read More An example of fixed inputs of production is
» Kerala Economy solved MCQs

The poverty ratio of Kerala in 2009-10 estimate is:

Question:

The poverty ratio of Kerala in 2009-10 estimate is:

A.
12.1%
B.
12%
C.
29.80
D.
none
Answer» b. 12%

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

Read More The poverty ratio of Kerala in 2009-10 estimate is:
» Mathematical Economics and Econometrics solved MCQs

The proportionate change in quantity demanded by a good due toproportionate change in the price of the other good:

Question:

The proportionate change in quantity demanded by a good due toproportionate change in the price of the other good:

A.
price elasticity
B.
income elasticity
C.
cross elasticity
D.
demand elasticity
Answer» c. cross elasticity

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

Read More The proportionate change in quantity demanded by a good due toproportionate change in the price of the other good:
» Mathematical Economics and Econometrics solved MCQs

Given the utility function U = 5x²+12x, find Marginal utility:

Question:

Given the utility function U = 5x²+12x, find Marginal utility:

A.
5+12
B.
10x+12
C.
12x 10
D.
10x +12x
Answer» b. 10x+12

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

Read More Given the utility function U = 5x²+12x, find Marginal utility:

In monopolistic competition in long run equilibrium, the price will be equal to:

Similar Posts

Maximum number of linearly independent rows and columns of a matrix is called

The payment given to the factor labour is known as:

An example of fixed inputs of production is

The poverty ratio of Kerala in 2009-10 estimate is:

The proportionate change in quantity demanded by a good due toproportionate change in the price of the other good:

Given the utility function U = 5x²+12x, find Marginal utility: