A monopolist is a:

May 4, 2021 by admin

Question:

A monopolist is a:

Price taker

Price maker

Policy maker

All of these

Answer» b. Price maker

Note:

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

If A & B are symmetric matrices, then A + B is

May 4, 2021 by admin

Question:

If A & B are symmetric matrices, then A + B is

symmetric

non-symmetric

skew symmetric

non-skew symmetric

Answer» a. symmetric

Note:

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

Total profits are maximized where

May 4, 2021 by admin

Question:

Total profits are maximized where

TR equals TC

the TR curve and the TC curve are parallel

the TR curve and the TC curve are parallel and TC exceeds TR

the TR curve and the TC curve are parallel and TR exceeds TC.

Answer» d. the TR curve and the TC curve are parallel and TR exceeds TC.

Note:

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

Which of the following correlation coefficients shows the highest degree of association

May 4, 2021 by admin

Question:

Which of the following correlation coefficients shows the highest degree of association

−1

0.9

both a & b

Answer» d. both a & b

Note:

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

In correlation, which of the following tells us that we have a perfect positive relationship

May 4, 2021 by admin

Question:

In correlation, which of the following tells us that we have a perfect positive relationship

r = +1

all the points on the scatter diagram would fall on a straight line and the slope would be from bottom left to top right of the plot

the dots on the scatter diagram would fall in a straight line from top left-hand corner down to bottom right hand corner

both a and b

Answer» d. both a and b

Note:

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

Under monopoly the slope of AR curve is:

May 4, 2021 by admin

Question:

Under monopoly the slope of AR curve is:

Upward sloping

downward sloping

horizontal

None of these

Answer» b. downward sloping

Note:

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

____ models are mathematical models designed to be used with data.

May 4, 2021 by admin

Question:

____ models are mathematical models designed to be used with data.

Empirical

Visual

Mathematical

Simulation

Answer» a. Empirical

Note:

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

The purely competitive firm’s supply curve:

May 4, 2021 by admin

Question:

The purely competitive firm’s supply curve:

is perfectly inelastic in the short run.

is horizontal in the long run.

is upward sloping when some inputs are fix

Answer» c. is upward sloping when some inputs are fix

Note:

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

The main type of un employment referred by the Post-Keynesians:

May 4, 2021 by admin

Question:

The main type of un employment referred by the Post-Keynesians:

voluntary

involuntary

natural rate

none

Answer» c. natural rate

Note:

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

In the case of an indifference curve

May 4, 2021 by admin

Question:

In the case of an indifference curve

dU/dX>dU/dY

dU/dX = dU/dY

dU/dX<dU/dY

dU/dX≤dU/Dy

Answer» b. dU/dX = dU/dY

Note:

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