In the short-run, a competitive firm can earn

May 2, 2021 by admin

Question:

In the short-run, a competitive firm can earn

Normal profit

Super normal profit

Loss

Either A or B or C depending

Answer» d. Either A or B or C depending

Note:

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

Which of the following types of firms is likely to be a monopolistic competitor?

May 2, 2021 by admin

Question:

Which of the following types of firms is likely to be a monopolistic competitor?

A local telephone company

An automobile manufacturer

A restaurant

All of the above

Answer» c. A restaurant

Note:

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

Changes in the subjective or objective factors

May 2, 2021 by admin

Question:

Changes in the subjective or objective factors

never affect consumption function

always cause downward shift in consumption function

always cause upward shift in consumption function

they cause upward or downward shifts in consumption function

Answer» d. they cause upward or downward shifts in consumption function

Note:

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

_______ investigations examine an individual’s relationship with and interaction in society

May 2, 2021 by admin

Question:

_______ investigations examine an individual’s relationship with and interaction in society

Natural science

Physical science

Life science

Social science

Answer» d. Social science

Note:

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

Whenever average product is declining, with increases in input usage,

May 2, 2021 by admin

Question:

Whenever average product is declining, with increases in input usage,

Marginal product is less than average product

Total product is declining with increases in input

Total product is increasing with increases in input

Marginal product is greater than average product

Answer» b. Total product is declining with increases in input

Note:

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

Ordinal utility analysis Was developed by

May 2, 2021 by admin

Question:

Ordinal utility analysis Was developed by

j.r.hicks & r.j.d. allen

samualson

marshall and jevons

slutsky

Answer» a. j.r.hicks & r.j.d. allen

Note:

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

If P = Rs.10 at the point on the D curve where e = 0.5, MR is

May 2, 2021 by admin

Question:

If P = Rs.10 at the point on the D curve where e = 0.5, MR is

Rs.5

Rs.0

2Rs.1

2Rs.10.

Answer» d. 2Rs.10.

Note:

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

The degree of polynomial is

May 2, 2021 by admin

Question:

The degree of polynomial is

Answer» c. 1

Note:

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

Laspeyre’s method and Paasche’s method do not satisfy

May 2, 2021 by admin

Question:

Laspeyre’s method and Paasche’s method do not satisfy

unit test

time reversal test

factor reversal test

none of the above

Answer» b. time reversal test

Note:

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

A square matrix A of order mxn is called an upper triangular matrix if aij = o for all

May 2, 2021 by admin

Question:

A square matrix A of order mxn is called an upper triangular matrix if aij = o for all

i > j

i < j

i = j

all of the above

Answer» a. i > j

Note:

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