In case coefficient of correlation is positive, the curve representing the relation willbe

Question:

In case coefficient of correlation is positive, the curve representing the relation willbe

A.

upward sloping

B.

downward sloping

C.

vertical

D.

horizontal

Answer» a. upward sloping

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

One of the essential conditions of perfect competition is

Question:

One of the essential conditions of perfect competition is

A.

Product Differentiation

B.

Multiplicity of prices for identical product at any one Time

C.

Many sellers and few buyers

D.

Only one price for identical goods at any one time

Answer» d. Only one price for identical goods at any one time

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

A given percentage change in price results in an equal percentage change in sales,indicates:

Question:

A given percentage change in price results in an equal percentage change in sales,indicates:

A.

unitary price elasticity

B.

inelastic price elasticity

C.

elastic price elasticity

D.

none

Answer» a. unitary price elasticity

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

If each element of a raw or column is a sum of two elements, the determinant can be expressed asthe

Question:

If each element of a raw or column is a sum of two elements, the determinant can be expressed asthe

A.

sum of two determinants

B.

difference of two determinants

C.

multiplication of two determinants

D.

division of two determinants

Answer» a. sum of two determinants

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