Bachelor of Arts in Economics (BA Economics)

The width of a class interval in a frequency distribution (or bar chart) will beapproximately equal to the range of the data divided by the ______________ .

by
Question:

The width of a class interval in a frequency distribution (or bar chart) will beapproximately equal to the range of the data divided by the ______________ .

A.

highest value in the data set

B.

average of the data set

C.

lowest value in the data set

D.

number of class intervals

Answer» d. number of class intervals

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

The short-run supply curve of the perfectly competitive firm is given by

by
Question:

The short-run supply curve of the perfectly competitive firm is given by

A.

the rising portion of its MC curve over and above the shut-down point

B.

the rising portion of its MC curve over and above the break-even point

C.

the rising portion of its MC curve over and above the AC curve

D.

the rising portion of its MC curve.

Answer» a. the rising portion of its MC curve over and above the shut-down point

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

The increase in dependent variable that results when the independent variable increases by oneunit in a simple linear function is called

by
Question:

The increase in dependent variable that results when the independent variable increases by oneunit in a simple linear function is called

A.

y-intercept of the curve

B.

slope of the curve

C.

x-intercept of the curve

D.

marginal value

Answer» b. slope of the curve

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