Marginal rate of technical substitution is equal to:
Marginal rate of technical substitution is equal to:
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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Under perfect market conditions the individual firm in the industry has control over theprice of the product.
Question: Under perfect market conditions the individual firm in the industry has control over theprice of the product.
A. Some B. Full C. No D. None of the above Answer» c. No Note: The above multiple-choice question is for all general and Competitive Exams in India. The demand curve of a firm under perfect competition is :
Question: The demand curve of a firm under perfect competition is :
A. Inelastic B. Perfectly inelastic C. Infinitely elastic D. Unitary elastic Answer» c. Infinitely elastic Note: The above multiple-choice question is for all general and Competitive Exams in India. The Gini- coefficient is used to measure;
Question: The Gini- coefficient is used to measure;
A. Poverty B. Income C. Inequality D. Wealth Answer» c. Inequality Note: The above multiple-choice question is for all general and Competitive Exams in India. The market equilibrium for a commodity is determined by:
Question: The market equilibrium for a commodity is determined by:
A. Market demand B. Market supply C. Balancing of the forces of demand and supply D. Any of the above Answer» c. Balancing of the forces of demand and supply Note: The above multiple-choice question is for all general and Competitive Exams in India. Which is referred as the heath paradox in Kerala:
Question: Which is referred as the heath paradox in Kerala:
A. good health at high cost B. good health at low cost C. both incorrect D. none Answer» b. good health at low cost Note: The above multiple-choice question is for all general and Competitive Exams in India. Long run equilibrium price is also called:
Question: Long run equilibrium price is also called:
A. Normal price B. Abnormal price C. Market price D. Just price Answer» a. Normal price Note: The above multiple-choice question is for all general and Competitive Exams in India.