» Fundamentals of Economics and Management solved MCQs

Which of the following function does money serve when used to measure the prices of different goodsand services?

Byadmin June 8, 2021

Question:

Which of the following function does money serve when used to measure the prices of different goodsand services?

Store of value

Medium of exchange

Standard of value

Display of power

Answer» c. Standard of value

Note:

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

» Fundamentals of Economics solved MCQs

SDRs are used in place of _________

Question:

SDRs are used in place of _________

A.
commercial papers
B.
gold
C.
shares
D.
company deposits
Answer» b. gold

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

Read More SDRs are used in place of _________
» Fundamentals of Economics and Management solved MCQs

In the short run an oligopolistic firm will

Question:

In the short run an oligopolistic firm will

A.
Make profits
B.
Incur losses
C.
Just break even
D.
Any of these three are possible
Answer» d. Any of these three are possible

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

Read More In the short run an oligopolistic firm will
» Fundamentals of Business Mathematics solved MCQs

The produce of 3 terms in a G.P is 125. The middle term is

Question:

The produce of 3 terms in a G.P is 125. The middle term is

A.
3
B.
4
C.
5
D.
6
Answer» c. 5

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

Read More The produce of 3 terms in a G.P is 125. The middle term is
» Operations Management and Strategic Management solved MCQs

Most important benefit to the consumer from efficient production system is:

Question:

Most important benefit to the consumer from efficient production system is:

A.
He can save money
B.
He will have product of his choice easily available
C.
He gets increased use value in the product
D.
He can get the product on credit.
Answer» c. He gets increased use value in the product

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

Read More Most important benefit to the consumer from efficient production system is:
» Fundamentals of Economics and Management solved MCQs

Which of the following function does money serve when used to purchase or sell different goods andservices?

Question:

Which of the following function does money serve when used to purchase or sell different goods andservices?

A.
Store of value
B.
Medium of exchange
C.
Standard of value
D.
Display of power
Answer» b. Medium of exchange

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

Read More Which of the following function does money serve when used to purchase or sell different goods andservices?
» Fundamentals of Economics solved MCQs

There are _______ stages of the Law of Variable Proportions

Question:

There are _______ stages of the Law of Variable Proportions

A.
2
B.
3
C.
4
D.
5
Answer» b. 3

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

Read More There are _______ stages of the Law of Variable Proportions

Which of the following function does money serve when used to measure the prices of different goodsand services?

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SDRs are used in place of _________

In the short run an oligopolistic firm will

The produce of 3 terms in a G.P is 125. The middle term is

Most important benefit to the consumer from efficient production system is:

Which of the following function does money serve when used to purchase or sell different goods andservices?

There are _______ stages of the Law of Variable Proportions