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Bachelor of Arts in Economics (BA Economics)

If the slope of the regression line is calculated to be 2.5 and the intercept 16 then thevalue of Y when X is 4 is:

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

If the slope of the regression line is calculated to be 2.5 and the intercept 16 then thevalue of Y when X is 4 is:

A.

16

B.

66.5

C.

2.5

D.

26

Answer» d. 26

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

If the slope of the regression line is calculated to be 2.5 and the intercept 16 then thevalue of Y when X is 4 is: Read More »

» Quantitative Methods for Economic Analysis 1 solved MCQs

Market power is defined as

» Micro economics 2 solved MCQs /
Question:

Market power is defined as

A.

the ability of a firm to charge any price it wants

B.

produce and sell as large a quantity as possible at high prices

C.

the ability of a seller or buyer to affect the market price of a good or service

D.

sell large a quantity at high prices

Answer» c. the ability of a seller or buyer to affect the market price of a good or service

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

Market power is defined as Read More »

» Micro economics 2 solved MCQs

The monopolist who is in

» Micro economics 2 solved MCQs /
Question:

The monopolist who is in

A.

Short run equilibrium will also be in long run equilibrium

B.

Long run equilibrium will also be in short run equilibrium

C.

Long run equilibrium may or may not be in short run equilibrium

D.

None of the above

Answer» b. Long run equilibrium will also be in short run equilibrium

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

The monopolist who is in Read More »

» Micro economics 2 solved MCQs

The fundamental problem faced by an economy is one of :

» Micro Economics 1 solved MCQs /
Question:

The fundamental problem faced by an economy is one of :

A.

Exchange

B.

Decision making by the government

C.

Economic welfare

D.

Scarcity of resources and multiplicity of wants.

Answer» d. Scarcity of resources and multiplicity of wants.

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

The fundamental problem faced by an economy is one of : Read More »

» Micro Economics 1 solved MCQs

________is a term referring to an intellectual controversy over epistemology, research methodology between Carl Menger, and Gustav von Schmoller.

» Micro Economics 1 solved MCQs /
Question:

________is a term referring to an intellectual controversy over epistemology, research methodology between Carl Menger, and Gustav von Schmoller.

A.

Methodenstreit

B.

Laissez-faire

C.

Cetris Paribus

D.

Quid Proquo

Answer» a. Methodenstreit

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

________is a term referring to an intellectual controversy over epistemology, research methodology between Carl Menger, and Gustav von Schmoller. Read More »

» Micro Economics 1 solved MCQs