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Bachelor of Arts in Economics (BA Economics)

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

» Macro Economics 1 solved MCQs /
Question:

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

A.

not profitable

B.

profitable

C.

breakeven

D.

cannot say

Answer» b. profitable

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

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

» Macro Economics 1 solved MCQs

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

» Mathematical Tools for Economics 1 solved MCQs /
Question:

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

A.

de morgan’s law

B.

distributive law

C.

associative law

D.

commutative law

Answer» a. de morgan’s law

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 Read More »

» Mathematical Tools for Economics 1 solved MCQs

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

» Quantitative Methods for Economic Analysis 2 solved MCQs /
Question:

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

A.

index numbers

B.

time series

C.

regression

D.

correlation

Answer» b. time series

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 …… Read More »

» Quantitative Methods for Economic Analysis 2 solved MCQs

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

» Mathematical Tools for Economics 2 solved MCQs /
Question:

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

A.

minimum point

B.

maximum point

C.

inflexion point

D.

saddle point

Answer» b. maximum point

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 Read More »

» Mathematical Tools for Economics 2 solved MCQs

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

» Micro economics 2 solved MCQs /
Question:

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

A.

the firm\s demand curve is downward sloping.

B.

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

C.

each seller supplies a negligible fraction of total supply.

D.

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. 

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

» Micro economics 2 solved MCQs

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

» Micro economics 2 solved MCQs /
Question:

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

A.

Marginal cost

B.

Selling cost

C.

Alternate cost

D.

Additional cost

Answer» b. Selling cost

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 Read More »

» Micro economics 2 solved MCQs

In long run all the firms in the monopolistic competition

» Micro economics 2 solved MCQs /
Question:

In long run all the firms in the monopolistic competition

A.

Always earns profit

B.

Incurs loss

C.

Earns normal profit only

D.

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. 

In long run all the firms in the monopolistic competition Read More »

» Micro economics 2 solved MCQs