The market structure Perfect mobility of factors and products is called
The market structure Perfect mobility of factors and products is called
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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For a unitary elastic supply curve, ps is
Question: For a unitary elastic supply curve, ps is
A. less than 1 B. more than 1 C. equal to 1 D. zero Answer» c. equal to 1 Note: The above multiple-choice question is for all general and Competitive Exams in India. The Price elasticity of demand for a product is 1.5 and its MR = 8, find its price:
Question: The Price elasticity of demand for a product is 1.5 and its MR = 8, find its price:
A. 12 B. 24 C. 53 D. 16 Answer» b. 24 Note: The above multiple-choice question is for all general and Competitive Exams in India. Which aspect of taxation involves normative economics?
Question: Which aspect of taxation involves normative economics?
A. The incidence of the tax B. The fairness of the tax C. The effect of the tax on incentives to work D. All of the above Answer» b. The fairness of the tax Note: The above multiple-choice question is for all general and Competitive Exams in India. The problem of scarcity and choice making can be depicted using the tool of curve.
Question: The problem of scarcity and choice making can be depicted using the tool of curve.
A. demand B. isoquant C. indifference D. production possibility Answer» d. production possibility Note: The above multiple-choice question is for all general and Competitive Exams in India. The first chartered bank was established in the year ——————–
Question: The first chartered bank was established in the year ——————–
A. 1781 B. 1775 C. 1870 D. 1881. Answer» a. 1781 Note: The above multiple-choice question is for all general and Competitive Exams in India. AFC curve will always be
Question: AFC curve will always be
A. rectangular hyperbola B. u shaped C. horizontal D. downward sloping Answer» d. downward sloping Note: The above multiple-choice question is for all general and Competitive Exams in India.