Q461
Open questionWhich of the following equation is correct?
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Q462
Open questionWhich of the following goods or services will not be provided by a free trade economy?
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Q463
Open questionA low rate of interest
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Q464
Open questionAccording to the law of diminishing marginal utility,
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Q465
Open questionAssume that a farmer sells his product to an agricultural marketing board. He is not allowed to sell to any other institution or to any other persons. In effect, the board is, from his view, a
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Q466
Open questionWhat is an opportunity cost? Choose the most appropriate option.
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Q467
Open questionConsider the following.
1. Output × Price = Total Revenue
2. MR cannot be zero
3. TR = MR × Q
Select the correct answer
1. Output × Price = Total Revenue
2. MR cannot be zero
3. TR = MR × Q
Select the correct answer
Select an option to see the answer and solution.
Q468
Open questionThe reason for India's unfavourable balance of payments is
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Q469
Open questionStatement I The objective of finance function is wealth maximisation.
Statement II The objective of finance function is profit maximisation.
Statement II The objective of finance function is profit maximisation.
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Q470
Open questionWhich of the following marketing strategies is/are not used in 'growth stage' of the product life cycle?
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Q471
Open questionPrice discrimination will not be a good approach for
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Q472
Open questionOn a less than perfectly elastic demand curve, the MR for a given price and output is equal to price multiplied by
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Q473
Open questionWhich one of the following is based on the market law of 'Say's'?
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Q474
Open questionWhich one of the following theories is not correct in the context of Central Limit Theorem?
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Q475
Open questionThe field of business economic does not include
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Q476
Open questionAssertion (A): In 1991 Government decided to allow all foreign investments to any industry without any restrictions.
Reason (R): Government has enhanced the investment limit of small scale industrial units.
Reason (R): Government has enhanced the investment limit of small scale industrial units.
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Q477
Open questionMatch the following.
| List-I | List-II |
| a. Law of increasing returns | 1. TP starts declining |
| b. Law of diminishing returns | 2. TP is increasing at the decreasing rate |
| c. Law of negative returns | 3. MP is increasing |
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Q478
Open questionPrice, Marginal Revenue and Elasticity are related to each other. When e = 1, then:
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Q479
Open questionThe relationship of the iso-product curve line depends on
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Q480
Open questionThe revealed preference approach can be described by
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