The cross elasticity of demand for the monopolist product is

May 9, 2021 by admin

Question:

The cross elasticity of demand for the monopolist product is

Very low

Moderate

High

Very high

Answer» a. Very low

Note:

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

Which of the following is NOT a characteristic of a competitive market

May 9, 2021 by admin

Question:

Which of the following is NOT a characteristic of a competitive market

it has many buyers

it has many sellers

the products traded are identical

firms set the price (price makers)

Answer» d. firms set the price (price makers)

Note:

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

The curve which relates the level of income with the rate of interest which is determined bymoney- market equilibrium corresponding to different levels of demand for money is known as

May 9, 2021 by admin

Question:

The curve which relates the level of income with the rate of interest which is determined bymoney- market equilibrium corresponding to different levels of demand for money is known as

is curve

lm curve

income curve

none of the above.

Answer» b. lm curve

Note:

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

SIDBI was established in the year: [a]1990 [b]1995 [c]1985 [d]1969.16. RRBs are coming under

May 9, 2021 by admin

Question:

SIDBI was established in the year: [a]1990 [b]1995 [c]1985 [d]1969.16. RRBs are coming under

private sector

public sector

co-operative sector

domestic sector.

Answer» a. private sector

Note:

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

Khan’s multiplier is known as:

May 9, 2021 by admin

Question:

Khan’s multiplier is known as:

investment multiplier

employment multiplier

Foreign trade multiplier

Saving multiplier

Answer» b. employment multiplier

Note:

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

If the number of elements of the two sets are equal, then they are called

May 9, 2021 by admin

Question:

If the number of elements of the two sets are equal, then they are called

equal set

equivalent set

order set

subset

Answer» b. equivalent set

Note:

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

Individual firm has no control on the price of the commodity in the market is acondition of

May 9, 2021 by admin

Question:

Individual firm has no control on the price of the commodity in the market is acondition of

Perfect competition

Monopoly

Monopolistic competition

Bilateral monopoly

Answer» a. Perfect competition

Note:

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

Autonomous investment is

May 9, 2021 by admin

Question:

Autonomous investment is

Income inelastic

Instable

Interest elastic

Income elastic

Answer» a. Income inelastic

Note:

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

Who introduced various types of price discrimination

May 9, 2021 by admin

Question:

Who introduced various types of price discrimination

Alfred Marshall

Adam Smith

A C Pigou

J B Say

Answer» c. A C Pigou

Note:

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

Given the supply function qS = 12p – 200 and its inverse function p = 1/12 qS + 50/3, p in theinverse function which is interpreted as the minimum price that sellers are willing to accept for the quantity qS is called

May 9, 2021 by admin

Question:

Given the supply function qS = 12p – 200 and its inverse function p = 1/12 qS + 50/3, p in theinverse function which is interpreted as the minimum price that sellers are willing to accept for the quantity qS is called

supply price

demand price

equilibrium price

reserved price

Answer» a. supply price

Note:

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