» Micro economics 2 solved MCQs

The large number of firms producing the same commodity ensure that the individual firmhas no control over

Byadmin May 7, 2021

Question:

The large number of firms producing the same commodity ensure that the individual firmhas no control over

Price of the commodity

The quantity of the commodity

Both of the above

None of the above

Answer» c. Both of the above

Note:

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

» Micro Economics 1 solved MCQs

Economic cost include both

Question:

Economic cost include both

A.
explicit cost and implicit cost
B.
fixed cost and variable cost
C.
explicit cost and prime cost
D.
money cost and sunk cost
Answer» a. explicit cost and implicit cost

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

Read More Economic cost include both
» Mathematical Tools for Economics 1 solved MCQs

If the rows and columns of a determinant are interchanged, its value will:

Question:

If the rows and columns of a determinant are interchanged, its value will:

A.
change
B.
change sign
C.
not change
D.
become zero
Answer» c. not change

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

Read More If the rows and columns of a determinant are interchanged, its value will:
» Macro Economics 2 solved MCQs

The lowest level of economic activity is called

Question:

The lowest level of economic activity is called

A.
contraction
B.
trough
C.
recovery
D.
none of the above
Answer» b. trough

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

Read More The lowest level of economic activity is called
» Macro Economics 2 solved MCQs

Economic Survey in India is published by the

Question:

Economic Survey in India is published by the

A.
reserve bank of india
B.
ministry of finance, government of india
C.
niti aayog
D.
ministry of industries, government of india
Answer» c. niti aayog

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

Read More Economic Survey in India is published by the
» Micro Economics 1 solved MCQs

An increase in market supply, demand remaining the same causes:

Question:

An increase in market supply, demand remaining the same causes:

A.
Increase in equilibrium price
B.
Decrease in equilibrium quantity
C.
Decrease in equilibrium price and increase in equilibrium quantity
D.
Both equilibrium price and quantity rises
Answer» c. Decrease in equilibrium price and increase in equilibrium quantity

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

Read More An increase in market supply, demand remaining the same causes:
» Macro Economics 2 solved MCQs

The relationship between income and interest in the LM curve is:

Question:

The relationship between income and interest in the LM curve is:

A.
direct
B.
indirect
C.
no relation
D.
none
Answer» a. direct

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

Read More The relationship between income and interest in the LM curve is:

The large number of firms producing the same commodity ensure that the individual firmhas no control over

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Economic cost include both

If the rows and columns of a determinant are interchanged, its value will:

The lowest level of economic activity is called

Economic Survey in India is published by the

An increase in market supply, demand remaining the same causes:

The relationship between income and interest in the LM curve is: