Cross elasticity of demand in the case of substitutes:

April 26, 2021 by admin

Question:

Cross elasticity of demand in the case of substitutes:

Zero

Negative

Positive

Infinity

Answer» c. Positive

Note:

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

Change in utility resulting from one unit change in consumption is called:

April 26, 2021 by admin

Question:

Change in utility resulting from one unit change in consumption is called:

Total Utility

Extra Utility

Marginal Utility

Average Utility

Answer» c. Marginal Utility

Note:

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

Name the district with highest sex ratio in Kerala as per 2011 census

April 26, 2021 by admin

Question:

Name the district with highest sex ratio in Kerala as per 2011 census

. pathanamthitta

. kannur

. malappuram

. wayanad

Answer» b. . kannur

Note:

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

Fiscal policy in India is formulated by

April 26, 2021 by admin

Question:

Fiscal policy in India is formulated by

reserve bank of india

planning commission

finance ministry

securities and exchange board of india

Answer» c. finance ministry

Note:

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

A curve that can never be “U” shaped is the:

April 26, 2021 by admin

Question:

A curve that can never be “U” shaped is the:

Average variable cost curve.

Marginal cost curve.

Average fixed cost curve.

Average total cost curve.

Answer» c. Average fixed cost curve.

Note:

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

Who argued that national income is simply equal to “net product of agriculture”?

April 26, 2021 by admin

Question:

Who argued that national income is simply equal to “net product of agriculture”?

Mercantilists

Physiocrats

Classical Economists

Neo Classical Economists

Answer» b. Physiocrats

Note:

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

In the saving function S = -a + (1-b)Y, the term ‘b’ denotes

April 26, 2021 by admin

Question:

In the saving function S = -a + (1-b)Y, the term ‘b’ denotes

saving

mpc

mps

aps

Answer» b. mpc

Note:

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

The set which contains all the elements of the two given sets A and B, avoiding duplication, iscalled

April 26, 2021 by admin

Question:

The set which contains all the elements of the two given sets A and B, avoiding duplication, iscalled

intersection of a and b

union of a and b

set of a and b

none of these

Answer» b. union of a and b

Note:

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

Slope of Total product Curve is called

April 26, 2021 by admin

Question:

Slope of Total product Curve is called

Answer» a. mp

Note:

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

The relationship between demand and price is

April 26, 2021 by admin

Question:

The relationship between demand and price is

positive

negative

perfect

none

Answer» b. negative

Note:

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