Which of the following results in an increase in an increase in demand:

April 28, 2021 by admin

Question:

Which of the following results in an increase in an increase in demand:

Fall in prices of substitutes

Increase in price of complementary goods

Fall in consumer’s income

None of the above

Answer» d. None of the above

Note:

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

Knowledge used to combine resources productively is called:

April 28, 2021 by admin

Question:

Knowledge used to combine resources productively is called:

Comparative advantage

Capitalism

Entrepreneurship

Technology

Answer» d. Technology

Note:

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

Classicals treated money as a:

April 28, 2021 by admin

Question:

Classicals treated money as a:

medium of exchange

store of value

both

none

Answer» a. medium of exchange

Note:

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

On solving x/2 + 5/3 = -1/2, we get x =

April 28, 2021 by admin

Question:

On solving x/2 + 5/3 = -1/2, we get x =

-13/3

-3/13

13/3

3/13

Answer» a. -13/3

Note:

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

At prices above the equilibrium price:

April 28, 2021 by admin

Question:

At prices above the equilibrium price:

Quantity supplied exceeds quantity demanded

Quantity demanded exceeds quantity supplied

There is shortage

All of the above is possible

Answer» a. Quantity supplied exceeds quantity demanded

Note:

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

When saving is greater than investment in a two-sectormodel,

April 28, 2021 by admin

Question:

When saving is greater than investment in a two-sectormodel,

outputshould increase

output should decrease

output should not change

none of these

Answer» b. output should decrease

Note:

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

Population growth is mainly concerned with:

April 28, 2021 by admin

Question:

Population growth is mainly concerned with:

total number of births

number of male births

number of female births

none of the above

Answer» c. number of female births

Note:

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

A lock-out in a factory for a month is associated with the component of timeseries

April 28, 2021 by admin

Question:

A lock-out in a factory for a month is associated with the component of timeseries

trend

seasonal variation

cyclic variation

irregular variation

Answer» d. irregular variation

Note:

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

Matrix obtained by inter changing the rows and columns is called ………… of a matrix

April 28, 2021 by admin

Question:

Matrix obtained by inter changing the rows and columns is called ………… of a matrix

inverse

transpose

negative

none

Answer» b. transpose

Note:

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

When demand curve is elastic, MR is

April 28, 2021 by admin

Question:

When 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.