When average product is at a maximum, marginal product is
When average product is at a maximum, marginal product is
| Note: | The above multiple-choice question is for all general and Competitive Exams in India. |
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The relationship between income and interest in the LM curve is:
Question: The relationship between income and interest in the LM curve is:
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Question: Which of the following sampling techniques will not result in a probability sample?
A. stratified B. quota C. random D. systematic Answer» b. quota Note: The above multiple-choice question is for all general and Competitive Exams in India. Money market is a part of
Question: Money market is a part of
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Question: If a firm sells its output on a market that is characterized by many sellers and buyers, a homogeneous product, unlimited long-run resource mobility, and perfect knowledge, thenthe firm is a
A. a monopolist B. an oligopolist C. a perfect competitor D. a monopolistic competitor Answer» c. a perfect competitor Note: The above multiple-choice question is for all general and Competitive Exams in India. The imposition of a maximum price at the point where the monopolist’s SMC curveintersects the D curve causes the monopolist to
Question: The imposition of a maximum price at the point where the monopolist’s SMC curveintersects the D curve causes the monopolist to
A. break even B. incur losses C. make profits D. any of the above. Answer» d. any of the above. Note: The above multiple-choice question is for all general and Competitive Exams in India. When MPC is 0.5, the value of multiplier is:
Question: When MPC is 0.5, the value of multiplier is:
A. 5 B. 0.5 C. 2 D. 4 Answer» c. 2 Note: The above multiple-choice question is for all general and Competitive Exams in India.