Bachelor of Arts in Economics (BA Economics)

Which of the following is known as the perfect price discrimination

by
Question:

Which of the following is known as the perfect price discrimination

A.

First degree price discrimination

B.

Second degree price discrimination

C.

Third degree price discrimination

D.

Nine of the above

Answer» a. First degree price discrimination

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

If many students choose to study to become accountants, when all of these studentseventually graduate, we can expect accountant’s wages to ________, and the equilibrium number of accountants will ________

by
Question:

If many students choose to study to become accountants, when all of these studentseventually graduate, we can expect accountant’s wages to ________, and the equilibrium number of accountants will ________

A.

rise, increase

B.

drop, increase

C.

rise, decrease

D.

drop, decrease

Answer» b. drop, increase

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

A ______ is a value that may change within the scope of a given problem or set ofoperations

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Question:

A ______ is a value that may change within the scope of a given problem or set ofoperations

A.

constant

B.

variable

C.

function

D.

exponent

Answer» b. variable

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

What is the Cartesian product of A = {1, 2} and B = {a, b}?

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Question:

What is the Cartesian product of A = {1, 2} and B = {a, b}?

A.

{(1, a), (1,

B.

, (2, a), (b, b)} b) {(1, 1), (2, 2), (a, a), (b, b)}

C.

{(1, a), (2, a), (1, b), (2, b)}

D.

{(1, 1), (a, a), (2, a), (1, b)}

Answer» c. {(1, a), (2, a), (1, b), (2, b)}

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