Death rate obtained for a segment of a population is known as

May 4, 2021 by admin

Question:

Death rate obtained for a segment of a population is known as

specific death rate

crude death rate

standardised rate

vital index

Answer» a. specific death rate

Note:

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

If close substitutes are available, then the elasticity of demand will be

May 4, 2021 by admin

Question:

If close substitutes are available, then the elasticity of demand will be

low

moderate

high

optimum

Answer» c. high

Note:

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

All but one are the endogenous factors of business cycle

May 4, 2021 by admin

Question:

All but one are the endogenous factors of business cycle

war

changes in government spending

money supply

fluctuations in investments

Answer» a. war

Note:

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

LM curve slopes—

May 4, 2021 by admin

Question:

LM curve slopes—

downward to the right

upward to the right

vertical

horizontal.

Answer» b. upward to the right

Note:

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

The cost that cannot be recovered once spent

May 4, 2021 by admin

Question:

The cost that cannot be recovered once spent

accounting cost

fixed cost

implicit cost

sunk cost

Answer» b. fixed cost

Note:

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

Union of A and a null set is equal to

May 4, 2021 by admin

Question:

Union of A and a null set is equal to

intersection of a and null set

null set

both (a) and (b)

Answer» d. a

Note:

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

When AR passes through some point between minimum AVC and AC, it is called:

May 4, 2021 by admin

Question:

When AR passes through some point between minimum AVC and AC, it is called:

Supernormal profit

Loss

Breakeven point

Minimising losses

Answer» d. Minimising losses

Note:

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

Costs incurred only when production occurs are known as:

May 4, 2021 by admin

Question:

Costs incurred only when production occurs are known as:

Explicit costs.

Fixed costs.

Variable costs.

Technological expenses.

Answer» c. Variable costs.

Note:

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

According to economic pricing theory, the basic objective of every pricing strategy

May 4, 2021 by admin

Question:

According to economic pricing theory, the basic objective of every pricing strategy

is to reduce prices in order to increase consumer surplus and the quantity sold

to raise prices in order to reduce consumer surplus

sell at a price and quantity where total revenue is maximized

to capture consumer surplus and convert it to additional profit for the firm

Answer» d. to capture consumer surplus and convert it to additional profit for the firm

Note:

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

A company publishes data on its quarterly earnings for its stockholders to evaluate.Which of the following is true

May 4, 2021 by admin

Question:

A company publishes data on its quarterly earnings for its stockholders to evaluate.Which of the following is true

the source is primary for both the company and the stockholders

the source is secondary for both the company and the stockholders

the source is primary for the company and secondary for the stockholders

the source is secondary for the company and primary for the stockholders

Answer» c. the source is primary for the company and secondary for the stockholders

Note:

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