MEC for a capital good was found out to be 10% and the market rate of interest is 9%,then the investment is

May 6, 2021 by admin

Question:

MEC for a capital good was found out to be 10% and the market rate of interest is 9%,then the investment is

not profitable

profitable

breakeven

cannot say

Answer» b. profitable

Note:

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

The sum of marginal propensity to consume plus marginal propensity to save must equal to:

May 6, 2021 by admin

Question:

The sum of marginal propensity to consume plus marginal propensity to save must equal to:

100

1000

Answer» b. 1

Note:

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

The demand for a factor of production is:

May 6, 2021 by admin

Question:

The demand for a factor of production is:

Derived

Direct

Indirect

None of these

Answer» a. Derived

Note:

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

(A ∪ B) ‘ = A’ ∩ B’ and (A ∩ B) ‘= A’∪ B’ is known as

May 6, 2021 by admin

Question:

(A ∪ B) ‘ = A’ ∩ B’ and (A ∩ B) ‘= A’∪ B’ is known as

de morgan’s law

distributive law

associative law

commutative law

Answer» a. de morgan’s law

Note:

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

Data which are collected, observed or recorded at successive intervals of time isknown as ……

May 6, 2021 by admin

Question:

Data which are collected, observed or recorded at successive intervals of time isknown as ……

index numbers

time series

regression

correlation

Answer» b. time series

Note:

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

If fxxfyy < (fxy)2 when fxx and fyy are of the same sign, then the function is at

May 6, 2021 by admin

Question:

If fxxfyy < (fxy)2 when fxx and fyy are of the same sign, then the function is at

minimum point

maximum point

inflexion point

saddle point

Answer» b. maximum point

Note:

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

Price is constant or “given” to the individual firm selling in a purely competitive marketbecause:

May 6, 2021 by admin

Question:

Price is constant or “given” to the individual firm selling in a purely competitive marketbecause:

the firm\s demand curve is downward sloping.

there are no good substitutes for the firm\s product.

each seller supplies a negligible fraction of total supply.

product differentiation is reinforced by extensive advertising.

Answer» c. each seller supplies a negligible fraction of total supply.

Note:

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

The cost incurred to alter the position or slope of demand curve is known as

May 6, 2021 by admin

Question:

The cost incurred to alter the position or slope of demand curve is known as

Marginal cost

Selling cost

Alternate cost

Additional cost

Answer» b. Selling cost

Note:

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

In long run all the firms in the monopolistic competition

May 6, 2021 by admin

Question:

In long run all the firms in the monopolistic competition

Always earns profit

Incurs loss

Earns normal profit only

May earn normal profit, abnormal profit or incur losses

Answer» c. Earns normal profit only

Note:

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

A __________ is an ordered collection of objects.

May 6, 2021 by admin

Question:

A __________ is an ordered collection of objects.

relation

function

set

proposition

Answer» c. set

Note:

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