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Bachelor of Arts in Economics (BA Economics)

Existence of large number of buyers and sellers andhomogenous product is a feature of :

» Micro economics 2 solved MCQs /
Question:

Existence of large number of buyers and sellers andhomogenous product is a feature of :

A.

Monopoly

B.

Duopoly

C.

Perfect Competition

D.

Oligopoly

Answer» c. Perfect Competition

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

Existence of large number of buyers and sellers andhomogenous product is a feature of : Read More »

» Micro economics 2 solved MCQs

___________ is a set of elements taken from a larger population according to certainrules

» Quantitative Methods for Economic Analysis 1 solved MCQs /
Question:

___________ is a set of elements taken from a larger population according to certainrules

A.

sample

B.

population

C.

statistic

D.

element

Answer» a. sample

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

___________ is a set of elements taken from a larger population according to certainrules Read More »

» Quantitative Methods for Economic Analysis 1 solved MCQs

During depression _ industry suffer from excess production capacity.

» Macro Economics 2 solved MCQs /
Question:

During depression _ industry suffer from excess production capacity.

A.

capital goods

B.

consumer durable goods

C.

non-durable goods

D.

both ‘a’ and ‘b’

Answer» a. capital goods

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

During depression _ industry suffer from excess production capacity. Read More »

» Macro Economics 2 solved MCQs

The short-run supply curve of a perfectly competitive firm

» Micro economics 2 solved MCQs /
Question:

The short-run supply curve of a perfectly competitive firm

A.

is equal to that portion of the short-run marginal cost curve that is above the average variable cost curve

B.

is equal to that portion of the short-run marginal cost curve that is above the average total cost curve

C.

is equal to that portion of the short-run average total cost curve that is above the average variable cost curve

D.

None of the above is correct

Answer» a. is equal to that portion of the short-run marginal cost curve that is above the average variable cost curve

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

The short-run supply curve of a perfectly competitive firm Read More »

» Micro economics 2 solved MCQs

The type of sampling in which each member of the population selected for the sample isreturned to the population before the next member is selected is called _________

» Quantitative Methods for Economic Analysis 1 solved MCQs /
Question:

The type of sampling in which each member of the population selected for the sample isreturned to the population before the next member is selected is called _________

A.

sampling without replacement

B.

sampling with replacement

C.

simple random sampling

D.

systematic sampling

Answer» b. sampling with replacement

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

The type of sampling in which each member of the population selected for the sample isreturned to the population before the next member is selected is called _________ Read More »

» Quantitative Methods for Economic Analysis 1 solved MCQs