Bachelor of Arts in Economics (BA Economics)

Questionnaires can address events and characteristics taking place ______

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Question:

Questionnaires can address events and characteristics taking place ______

A.

in the past (retrospective questions)

B.

in the present (current time questions)

C.

in the future (prospective questions)

D.

all of the above

Answer» d. all of the above

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

A production function is said to be _____, if, when each input factor is multiplied by apositive real constant k, the constant can be completely factored out:

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Question:

A production function is said to be _____, if, when each input factor is multiplied by apositive real constant k, the constant can be completely factored out:

A.

homogenou

B.

nonhomogenous

C.

additive

D.

heterogonous

Answer» a. homogenou

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

Assertion (A) Many oligopolistic industries exhibit an appreciabledegree of Price rigidity or stability Reason (R) Oligopolists face a demand curve that is highly elastic for price increases and less elastic for price reductions

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Question:

Assertion (A) Many oligopolistic industries exhibit an appreciabledegree of Price rigidity or stability Reason (R) Oligopolists face a demand curve that is highly elastic for price increases and less elastic for price reductions

A.

(A) is true but (R) is false.

B.

Both (A) and (R) are false

C.

Both (A) and (R) are true and (R) is the correct explanation of (A)

D.

Both (A) and (R) are true but (R) is not the correct explanation of (A)

Answer» c. Both (A) and (R) are true and (R) is the correct explanation of (A)

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

If b = 0 the line of best fit will conventionally be drawn ______

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Question:

If b = 0 the line of best fit will conventionally be drawn ______

A.

as horizontal

B.

as vertical

C.

as provides the best fit to the scores

D.

through the middle of the data points

Answer» a. as horizontal

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

The short run is a time period in which:

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Question:

The short run is a time period in which:

A.

All resources are fixed.

B.

The level of output is fixed.

C.

The size of the production plant is variable.

D.

Some resources are fixed and others are variable.

Answer» d. Some resources are fixed and others are variable.

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