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

May 5, 2021 by admin

Question:

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

Increase in demand

Decrease in demand

Increase in quantity demanded

Decease in quantity demanded

Answer» a. Increase in demand

Note:

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

Price leadership can be in the form of

May 5, 2021 by admin

Question:

Price leadership can be in the form of

Price leadership by a low cost firm

Price leadership by a dominant firm

A barometric price leadership

All of the above

Answer» d. All of the above

Note:

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

The demand for the product of a monopoly firm is

May 5, 2021 by admin

Question:

The demand for the product of a monopoly firm is

Inelastic

Elastic

Unitary elastic

Perfectly inelastic

Answer» b. Elastic

Note:

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

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

May 5, 2021 by admin

Question:

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

predictable

trend

cyclical

irregular

Answer» a. predictable

Note:

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

Substitution Effect is:

May 5, 2021 by admin

Question:

Substitution Effect is:

Always negative

Always positive

Seldom negative

Zero

Answer» a. Always negative

Note:

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

The value of k, if (x – 1) is a factor of 4×3 + 3×2 – 4x + k, is

May 5, 2021 by admin

Question:

The value of k, if (x – 1) is a factor of 4×3 + 3×2 – 4x + k, is

–3

Answer» c. –3

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

May 5, 2021 by admin

Question:

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

Price control

Lump sum tax

Per unit tax

All of the above

Answer» a. Price control

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.

May 5, 2021 by admin

Question:

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

0, 0

0, < 0

0, > 0

> 0, 0

Answer» b. 0, < 0

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:

May 5, 2021 by admin

Question:

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

Rises

Falls

Remains the same

Any of the above is possible

Answer» a. Rises

Note:

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

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

May 5, 2021 by admin

Question:

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

collection of data

analysis of data

summarisation of data

presentation of data

Answer» d. presentation of data

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:

Price leadership can be in the form of

The demand for the product of a monopoly firm is

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

Substitution Effect is:

The value of k, if (x – 1) is a factor of 4×3 + 3×2 – 4x + k, is

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

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

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

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

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