In monopoly, when the demand curve is elastic, MR is:

April 29, 2021 by admin

Question:

In monopoly, when the demand curve is elastic, MR is:

positive

negative

Answer» c. positive

Note:

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

. ……….of the Kerala’s emigrants live in the UAE

April 29, 2021 by admin

Question:

. ……….of the Kerala’s emigrants live in the UAE

35%

45%

40%

50%

Answer» c. 40%

Note:

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

A discrimination monopolist charges in a market

April 29, 2021 by admin

Question:

A discrimination monopolist charges in a market

Lower prices if it has lower elasticity

Higher prices if it has lower elasticity

Lower prices if it has higher elasticity

Cannot say

Answer» a. Lower prices if it has lower elasticity

Note:

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

Economists use the term shocks to mean:

April 29, 2021 by admin

Question:

Economists use the term shocks to mean:

unexpected government actions that affect the economy

typically unpredictable forces that have major impacts on the economy

sudden rises in oil prices

the business cycle.

Answer» b. typically unpredictable forces that have major impacts on the economy

Note:

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

Bank is an institution which deals with ————–

April 29, 2021 by admin

Question:

Bank is an institution which deals with ————–

money

treatment

education

communication.

Answer» a. money

Note:

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

Upper bank of India was established in ———–

April 29, 2021 by admin

Question:

Upper bank of India was established in ———–

1860

1870

1863

1865.

Answer» c. 1863

Note:

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

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

April 29, 2021 by admin

Question:

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

Point of Inflexion

Equilibrium

Shut down

None of these

Answer» c. Shut down

Note:

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

The average of Laspeyre’s and Paasche’s index number which gives Fisher’sindex number is

April 29, 2021 by admin

Question:

The average of Laspeyre’s and Paasche’s index number which gives Fisher’sindex number is

weighted average

Answer» b. gm

Note:

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

When Total Utility is maximum, Marginal Utility is :

April 29, 2021 by admin

Question:

When Total Utility is maximum, Marginal Utility is :

Zero

Negative

Positive

One

Answer» a. Zero

Note:

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

Cost of living increases when business cycle is

April 29, 2021 by admin

Question:

Cost of living increases when business cycle is

expanding

contracting

at peak

at lowest point

Answer» c. at peak

Note:

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