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Bachelor of Arts in Economics (BA Economics)

A simple aggregate quantity index is used to:

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

A simple aggregate quantity index is used to:

A.

measure the change in price of a product

B.

measure the change in quantity of a product

C.

measure the overall change in quantity of a range of products

D.

measure the overall change in price of a range of products

Answer» d. measure the overall change in price of a range of products

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

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» Quantitative Methods for Economic Analysis 1 solved MCQs

____ functions are a special class of homogeneous function in which the marginal rate ofTechnicalsubstitution is constant along the function.

» Mathematical Economics solved MCQs /
Question:

____ functions are a special class of homogeneous function in which the marginal rate ofTechnicalsubstitution is constant along the function.

A.

Hypothetic

B.

Homothetic

C.

Objective

D.

Value

Answer» b. Homothetic

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

____ functions are a special class of homogeneous function in which the marginal rate ofTechnicalsubstitution is constant along the function. Read More »

» Mathematical Economics solved MCQs

When variations in the values of two variables have a constant ratio, there will be

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

When variations in the values of two variables have a constant ratio, there will be

A.

linear correlation

B.

zero correlation

C.

non-linear correlation

D.

none of the above

Answer» a. linear correlation

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

When variations in the values of two variables have a constant ratio, there will be Read More »

» Quantitative Methods for Economic Analysis 2 solved MCQs

Which among the following is the definition of Jacobian of u and v w.r.t x and y?

» Mathematical Tools for Economics 1 solved MCQs /
Question:

Which among the following is the definition of Jacobian of u and v w.r.t x and y?

A.

j(x,yu,v)

B.

j(u,vx,y)

C.

∂(x,y)∂(u,v)

D.

∂(u,x)∂(v,y)

Answer» b. j(u,vx,y)

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

Which among the following is the definition of Jacobian of u and v w.r.t x and y? Read More »

» Mathematical Tools for Economics 1 solved MCQs

The marker structure which have very large number of sellers selling Identicalproducts is called

» Micro economics 2 solved MCQs /
Question:

The marker structure which have very large number of sellers selling Identicalproducts is called

A.

Perfect competition

B.

Monopoly

C.

Monopolistic competition

D.

Oligopoly

Answer» a. Perfect competition

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

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» Micro economics 2 solved MCQs

The supply curve for the monopolist

» Micro economics 2 solved MCQs /
Question:

The supply curve for the monopolist

A.

does not exist

B.

is represented by the marginal cost curve above the average total cost curve

C.

is represented by the marginal cost curve above the average variable cost curve

D.

is represented by the marginal cost curve above the average cost curve

Answer» a. does not exist

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

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» Micro economics 2 solved MCQs