The process of finding relative maximum or minimum of a function is known as :
The process of finding relative maximum or minimum of a function is known as :
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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On a linear demand curve, the coefficient of price elasticity is unity, then the value of MR will be:
Question: On a linear demand curve, the coefficient of price elasticity is unity, then the value of MR will be:
A. Positive B. Zero C. Negative D. One Answer» b. Zero Note: The above multiple-choice question is for all general and Competitive Exams in India. Which of the following industries most closely approximates the perfectly competitivemodel?
Question: Which of the following industries most closely approximates the perfectly competitivemodel?
A. Automobile B. cigarette C. newspaper D. wheat farming. Answer» d. wheat farming. Note: The above multiple-choice question is for all general and Competitive Exams in India. Upper bank of India was established in ———–
Question: Upper bank of India was established in ———–
A. 1860 B. 1870 C. 1863 D. 1865. Answer» c. 1863 Note: The above multiple-choice question is for all general and Competitive Exams in India. if all factors of production are increased in a given proportion, outputalso increased in a same proportion:
Question: if all factors of production are increased in a given proportion, outputalso increased in a same proportion:
A. second degree B. first degree C. third degree D. none Answer» b. first degree Note: The above multiple-choice question is for all general and Competitive Exams in India. The best, or optimum, level of output for a perfectly competitive firm is given by the pointwhere
Question: The best, or optimum, level of output for a perfectly competitive firm is given by the pointwhere
A. MR equals AC B. MR equals MC C. MR exceeds MC by the greatest amount D. MR equals MC and MC is rising. Answer» d. MR equals MC and MC is rising. Note: The above multiple-choice question is for all general and Competitive Exams in India. When variations in the values of two variables have a constant ratio, there will be
Question: When variations in the values of two variables have a constant ratio, there will be
A. linear correlation B. zero correlation C. non-linear correlation D. none of the above Answer» a. linear correlation Note: The above multiple-choice question is for all general and Competitive Exams in India.