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Bachelor of Arts in Economics (BA Economics)

The number of observations corresponding to a class is known as ………………..ofthat class.

Question:

The number of observations corresponding to a class is known as ………………..ofthat class.

A.

population

B.

frequency

C.

class interval

D.

none of these

Answer» b. frequency

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

The number of observations corresponding to a class is known as ………………..ofthat class. Read More »

» Quantitative Methods for Economic Analysis 2 solved MCQs

P = a – bQ is the demand cure of a monopolist. Which of the following statements istrue?

Question:

P = a – bQ is the demand cure of a monopolist. Which of the following statements istrue?

A.

AR & MR are equal

B.

The rate of decline of MR is twice the rate of decline of AR

C.

The demand curve has unit elasticity

D.

slope of MR is zero.

Answer» b. The rate of decline of MR is twice the rate of decline of AR

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

P = a – bQ is the demand cure of a monopolist. Which of the following statements istrue? Read More »

» Mathematical Economics solved MCQs

The large number of firms producing the same commodity ensure that the individual firmhas no control over

Question:

The large number of firms producing the same commodity ensure that the individual firmhas no control over

A.

Price of the commodity

B.

The quantity of the commodity

C.

Both of the above

D.

None of the above

Answer» c. Both of the above

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

The large number of firms producing the same commodity ensure that the individual firmhas no control over Read More »

» Micro economics 2 solved MCQs