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Bachelor of Arts in Economics (BA Economics)

A fall in income of the consumer, other things being equal, causes:

Question:

A fall in income of the consumer, other things being equal, causes:

A.

Increase in demand

B.

Decrease in demand

C.

Increase in quantity demanded

D.

Decease in quantity demanded

Answer» a. Increase in demand

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

A fall in income of the consumer, other things being equal, causes: Read More »

» Micro Economics 1 solved MCQs

Which of the following is not one of the four types of variation that is estimated in time- series analysis

Question:

Which of the following is not one of the four types of variation that is estimated in time- series analysis

A.

predictable

B.

trend

C.

cyclical

D.

irregular

Answer» a. predictable

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

Which of the form of monopoly regulation is the most advantages tothe consumer

Question:

Which of the form of monopoly regulation is the most advantages tothe consumer

A.

Price control

B.

Lump sum tax

C.

Per unit tax

D.

All of the above

Answer» a. Price control

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

Which of the form of monopoly regulation is the most advantages tothe consumer Read More »

» Micro economics 2 solved MCQs

In optimisation, with the first order derivative equal to ___ and the second order derivative___ the function is at a maximum.

Question:

In optimisation, with the first order derivative equal to ___ and the second order derivative___ the function is at a maximum.

A.

0, 0

B.

0, < 0

C.

0, > 0

D.

> 0, 0

Answer» b. 0, < 0

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

In optimisation, with the first order derivative equal to ___ and the second order derivative___ the function is at a maximum. Read More »

» Mathematical Economics solved MCQs

When an individual’s income rises, when everything else remains the same, his demand for normal goods:

Question:

When an individual’s income rises, when everything else remains the same, his demand for normal goods:

A.

Rises

B.

Falls

C.

Remains the same

D.

Any of the above is possible

Answer» a. Rises

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

When an individual’s income rises, when everything else remains the same, his demand for normal goods: Read More »

» Micro Economics 1 solved MCQs

Diagrams and graphs are the tools of…………………

Question:

Diagrams and graphs are the tools of…………………

A.

collection of data

B.

analysis of data

C.

summarisation of data

D.

presentation of data

Answer» d. presentation of data

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

Diagrams and graphs are the tools of………………… Read More »

» Quantitative Methods for Economic Analysis 2 solved MCQs