» Micro economics 2 solved MCQs

Increase or decrease in the level of production by a monopolistically competitive firm have ——- impact on price and output decisionsof other firms

Byadmin May 2, 2021

Question:

Increase or decrease in the level of production by a monopolistically competitive firm have ——- impact on price and output decisionsof other firms

Very significant

Significant

Small

Negligible

Answer» d. Negligible

Note:

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

» Quantitative Methods for Economic Analysis 2 solved MCQs

The death rate of babies under one month is known as :

Question:

The death rate of babies under one month is known as :

A.
neonatal mortality rate
B.
infant mortality rate
C.
maternal mortality rate
D.
foetal death rate
Answer» a. neonatal mortality rate

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

Read More The death rate of babies under one month is known as :
» Micro Economics 1 solved MCQs

What is true for inductive method?

Question:

What is true for inductive method?

A.
Hypothetical
B.
Empirical
C.
Ignores experimentation
D.
Static
Answer» b. Empirical

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

Read More What is true for inductive method?
» Quantitative Methods for Economic Analysis 2 solved MCQs

Histogram can be used to estimate……………

Question:

Histogram can be used to estimate……………

A.
median
B.
mode
C.
mean
D.
quartile
Answer» b. mode

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

Read More Histogram can be used to estimate……………
» Micro Economics 1 solved MCQs

Total utility is

Question:

Total utility is

A.
the sum total of marginal utilities
B.
entire utility derived from whole consumption
C.
increases at a diminishing rate
D.
all the above
Answer» d. all the above

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

Read More Total utility is
» International Economics solved MCQs

Haberler reconstituted comparative advantage theory on the basis of ____

Question:

Haberler reconstituted comparative advantage theory on the basis of ____

A.
opportunity cost theory
B.
labour theory of value
C.
money
D.
non of the above
Answer» a. opportunity cost theory

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

Read More Haberler reconstituted comparative advantage theory on the basis of ____
» Micro Economics 1 solved MCQs

Find out the correct statement:

Question:

Find out the correct statement:

A.
Prediction of economic models cannot be refuted by empirical evidence
B.
Models transform verbal expressions in to more scientific expressions
C.
Models make no assumptions
D.
Economic models are comprehensive and not partial
Answer» b. Models transform verbal expressions in to more scientific expressions

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

Read More Find out the correct statement:

Increase or decrease in the level of production by a monopolistically competitive firm have ——- impact on price and output decisionsof other firms

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The death rate of babies under one month is known as :

What is true for inductive method?

Histogram can be used to estimate……………

Total utility is

Haberler reconstituted comparative advantage theory on the basis of ____

Find out the correct statement: