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Bachelor of Arts in Economics (BA Economics)

An increase in market supply, demand remaining the same causes:

» Micro Economics 1 solved MCQs /
Question:

An increase in market supply, demand remaining the same causes:

A.

Increase in equilibrium price

B.

Decrease in equilibrium quantity

C.

Decrease in equilibrium price and increase in equilibrium quantity

D.

Both equilibrium price and quantity rises

Answer» c. Decrease in equilibrium price and increase in equilibrium quantity

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

An increase in market supply, demand remaining the same causes: Read More »

» Micro Economics 1 solved MCQs

If in an economy, out of every additional Rs.100 of national income, Rs.20 is taxed, Rs.20 is saved, and Rs.10 is spent on imports, then the value of multiplier is:

» Micro Economics 1 solved MCQs /
Question:

If in an economy, out of every additional Rs.100 of national income, Rs.20 is taxed, Rs.20 is saved, and Rs.10 is spent on imports, then the value of multiplier is:

A.

2

B.

2.5

C.

3.3

D.

5

Answer» a. 2

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

If in an economy, out of every additional Rs.100 of national income, Rs.20 is taxed, Rs.20 is saved, and Rs.10 is spent on imports, then the value of multiplier is: Read More »

» Micro Economics 1 solved MCQs

The marker structure with Perfect mobility of factors and products is called

» Micro economics 2 solved MCQs /
Question:

The marker structure with Perfect mobility of factors and products is called

A.

Perfect competition

B.

Monopoly

C.

Monopolistic competition

D.

Oligopoly

Answer» a. Perfect competition

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

The marker structure with Perfect mobility of factors and products is called Read More »

» Micro economics 2 solved MCQs