» Micro economics 2 solved MCQs

Individual firm has no control on the price of the commodity in the market is acondition of

Byadmin May 9, 2021

Question:

Individual firm has no control on the price of the commodity in the market is acondition of

Perfect competition

Monopoly

Monopolistic competition

Bilateral monopoly

Answer» a. Perfect competition

Note:

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

» Macro Economics 1 solved MCQs

Simultaneous equilibrium in the money (LM) and goods (IS) market exists:

Question:

Simultaneous equilibrium in the money (LM) and goods (IS) market exists:

A.
at an unlimited number of output levels and rates of interest
B.
at only one output level and rate ofinterest
C.
at an unlimited number of output levels and only one rate of interest
D.
at only one output level and an unlimited number of rates of interest
Answer» b. at only one output level and rate ofinterest

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

Read More Simultaneous equilibrium in the money (LM) and goods (IS) market exists:
» Micro economics 2 solved MCQs

When there is High capital mobility the BP curve is:

Question:

When there is High capital mobility the BP curve is:

A.
Negative
B.
positive
C.
Vertical
D.
Horizontal
Answer» d. Horizontal

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

Read More When there is High capital mobility the BP curve is:
» Modern Banking and Insurance solved MCQs

Treasury bills are available for minimum amount of Rs.——————-

Question:

Treasury bills are available for minimum amount of Rs.——————-

A.
20000
B.
25000
C.
10000
D.
30000.
Answer» b. 25000

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

Read More Treasury bills are available for minimum amount of Rs.——————-
» Micro economics 2 solved MCQs

Which of the following statements about industries that are oligopolies is false

Question:

Which of the following statements about industries that are oligopolies is false

A.
firms in these industries may attempt to cooperate
B.
firms in these industries are interdependent
C.
the fact that there is more than one firm in an oligopoly means that there are no barriers to entry
D.
an oligopoly with two firms is called a duopoly
Answer» c. the fact that there is more than one firm in an oligopoly means that there are no barriers to entry

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

Read More Which of the following statements about industries that are oligopolies is false
» Micro economics 2 solved MCQs

The point at which the firm covers its variable cost is called:

Question:

The point at which the firm covers its variable cost is called:

A.
Point of Inflexion
B.
Equilibrium
C.
Shut down
D.
None of these
Answer» c. Shut down

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

Read More The point at which the firm covers its variable cost is called:
» Mathematical Tools for Economics 1 solved MCQs

A positive definite Hessian fulfils the second-order conditions for

Question:

A positive definite Hessian fulfils the second-order conditions for

A.
maximum
B.
minimum
C.
both maximum and minimum
D.
minimax
Answer» b. minimum

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

Read More A positive definite Hessian fulfils the second-order conditions for

Individual firm has no control on the price of the commodity in the market is acondition of

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Simultaneous equilibrium in the money (LM) and goods (IS) market exists:

When there is High capital mobility the BP curve is:

Treasury bills are available for minimum amount of Rs.——————-

Which of the following statements about industries that are oligopolies is false

The point at which the firm covers its variable cost is called:

A positive definite Hessian fulfils the second-order conditions for